Is a limited liability company the same as a limited liability company?

1. Is a limited liability company the same as a limited liability company?

1. A limited liability company is the same as a limited liability company. Generally speaking, there is no difference between a limited liability company and a limited liability company. Company is an enterprise organization form formed in the market economy to meet the needs of socialized mass production.

2. Legal basis: Article 23 of People's Republic of China (PRC) Company Law.

The establishment of a limited liability company shall meet the following conditions:

(1) Shareholders meet the quorum;

(2) The capital contribution of shareholders reaches the minimum statutory capital;

(3) Shareholders * * * agree to formulate the Articles of Association;

(4) Having a company name and establishing an organization meeting the requirements of a limited liability company;

(5) Having a company domicile.

What is the difference between a limited company and a limited liability company?

There are five differences between limited companies and limited liability companies:

1. Limited company and limited liability company are different in terms of establishment conditions and raised funds;

2. The difficulty of equity transfer between limited companies and limited liability companies is different. Limited liability companies are subject to many restrictions and are more stringent;

3. Limited companies and limited liability companies have different forms of equity certificates;

4. Limited companies and limited liability companies have different degrees of separation of rights;

5. The disclosure of financial and economic conditions of limited companies and limited liability companies is different.