1, the group is the connection of capital, composed of several units, and does not have the qualification of enterprise legal person. A limited company is an enterprise legal person, which has independent legal person property, enjoys civil rights and undertakes civil obligations independently according to law.
2. Legal basis: Article 3 of People's Republic of China (PRC) Company Law.
The company is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.
Second, the definition of group and limited company
1. group: the group is based on public ownership, with famous brand high-quality products or major products in the national economy as the leader, with one or several large and medium-sized backbone enterprises and independent scientific research and design units as the main body, and is composed of a number of enterprises and scientific research and design units with internal economic and technological ties.
2. Limited company: an economic organization established by shareholders with less than 50 employees. Each shareholder shall bear limited liability to the company to the extent of the subscribed capital contribution, and the company as a legal person shall bear full liability for the company's debts with all its assets. The advantages are that the establishment procedure is relatively simple, there is no need to publish announcements or accounts, and the company's internal organization is flexible. The disadvantage is that the scope and scale of funds raised are generally relatively small because of the inability to publicly issue shares.