The main features of a limited liability company are:
(1) Shareholders shall bear limited liability with their capital contribution;
(2) The company is liable for debts with its assets. When the company is liquidated, it is only liable for debts to the extent of all its assets, and creditors cannot claim claims other than the company's assets;
(3) The number of shareholders of the company meets the statutory requirements. The Company Law stipulates: "A limited liability company shall be established by more than two shareholders and less than fifty shareholders." But as a special limited liability company, a wholly state-owned limited liability company can have one shareholder. Shareholders can be natural persons or legal persons.
Extended data:
Article 71 of People's Republic of China (PRC) Company Law Shareholders of a limited liability company may transfer all or part of their shares to each other.
Shareholders' transfer of equity to persons other than shareholders shall be approved by more than half of other shareholders. When a shareholder transfers its equity, it shall notify other shareholders in writing and obtain their consent. If other shareholders fail to reply within 30 days from the date of receiving the written notice, they shall be deemed to have agreed to the transfer. If more than half of the other shareholders do not agree to the transfer, the shareholders who do not agree to the transfer shall purchase the transferred equity; Do not buy, as agreed to transfer.
Where the shares are transferred with the consent of shareholders, other shareholders have the preemptive right under the same conditions. If two or more shareholders claim to exercise the preemptive right, the purchase proportion shall be determined through consultation. If negotiation fails, the preemptive right shall be exercised in accordance with their respective investment proportions at the time of transfer.