What is the difference between a group and a company?

1. The enterprise group does not have independent legal personality. There is no word "group" in the company law. Only limited liability companies and joint stock companies. Some companies have diversified their business strategies and set up corresponding subsidiaries in many fields. In this way, the parent-subsidiary company will form an enterprise group because of this "blood relationship", which is quite similar to the group army in the army. These are the origins of the group companies we often talk about. "Group" is the general name of "group company", such as "XX Group", and its full name must be "XX Group Limited" or "XX Group Limited". The so-called "group company" refers to an enterprise that invests in multiple subsidiaries in China. Of course, the parent company and its holding subsidiaries are usually called "XX Group" enterprises.

2. The company refers to the organizational form of the enterprise. For-profit corporation. Capitalist society is highly developed. After the founding of People's Republic of China (PRC), private companies carried out socialist transformation. State-owned industrial, commercial, construction, transportation and other departments to implement independent economic accounting management institutions and some cities according to the industry classification of professional management institutions, also known as companies. The companies mentioned in China's Company Law are established in China in accordance with the Company Law, and are for-profit legal entities, including limited liability companies and joint stock limited companies. It is a form of enterprise organization formed in the market economy to meet the needs of socialized mass production.

Reply time: 202 1-05-06. Please refer to the latest business changes announced by Ping An Bank in official website.

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