The difference between limited company and industrial company

Legal analysis: Difference: A limited liability company refers to an economic organization with less than 50 shareholders. Each shareholder shall bear limited liability to the company to the extent of the capital contribution subscribed by him, and an enterprise legal person shall bear full responsibility for the company's debts with all its assets; An industrial company is a limited company, which just shows that this company is engaged in industry.

Legal basis: Article 6 of the Company Law applies to the company registration authority for registration of establishment. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.

Article 8 A limited liability company established in accordance with this Law must indicate the words limited liability company or limited company in its name. A joint stock limited company established in accordance with this law must indicate the words joint stock limited company or joint stock company in its name. Article 23 The establishment of a limited liability company shall meet the following conditions: (1) The number of shareholders shall reach a quorum; (2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association; (3) Shareholders * * * agree to formulate the Articles of Association; (4) Having a company name and establishing an organization meeting the requirements of a limited liability company; (5) Having a company domicile.

Article 24 A limited liability company shall be established by capital contribution of shareholders with less than 50 persons.