(1) company is an enterprise organization form formed in the market economy to meet the needs of socialized mass production, including limited liability company and joint stock limited company.
(2) A limited company is an economic organization in which a company as a legal person takes full responsibility for its debts with all its assets. Limited liability companies include wholly state-owned companies and other limited liability companies.
2. Different forms:
(1) The main forms of companies are unlimited liability companies, limited liability companies, joint-stock companies, joint-stock companies and joint-stock companies.
(2) Limited liability companies have no other forms. However, a limited liability company may be changed into a joint stock limited company.
3. Different organizational structures:
(1) The company is mainly an enterprise legal person to allocate various affairs and decide the work content.
(2) The organizational structure of a limited liability company includes the shareholders' meeting, the board of directors, the manager, the legal representative and the board of supervisors, and the responsibilities of each institution are clear.
4. Different responsibilities:
(1) The company is liable for its debts with all its property.
(2) Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution.
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Baidu encyclopedia-limited liability company
Baidu Encyclopedia-People's Republic of China (PRC) and China Company Law