Other limited liability companies

Other limited liability companies refer to companies that have independent legal person property, enjoy legal person property rights, and are liable for the company's debts with all their property. If the company's assets are insufficient to pay off debts, the shareholders shall be liable to the company to the extent of their subscribed capital contribution. For example, one or more investors are not natural persons.

legal ground

Article 2 of People's Republic of China (PRC) Company Law

The term "company" as mentioned in this Law refers to limited liability companies and joint stock limited companies established in China according to this Law.

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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.

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The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.