There are the following types of companies: 1. Unlimited liability company, that is, a company whose shareholders bear unlimited liability for the company's debts. 2. A limited liability company is a company in which shareholders are liable to the company within the limit of their capital contribution, and the company is liable to the company's debts with all its assets. 3. A joint-stock limited liability company is a company whose shareholders are liable to the company to the extent of their shares, and the company is liable to the company's debts with all its assets. 4. A joint venture company is a company composed of one or more shareholders with unlimited liability and one or more shareholders with limited liability.
Legal objectivity:
Company Law Article 2 The term "company" as mentioned in this Law refers to limited liability companies and joint stock limited companies established in China according to this Law.