First, a limited company is a company and a group company is a company group. Many companies are together, but they all have control relations and are linked together.
2. A group company may have three or more subsidiaries, and the group company controls the number of shares of each subsidiary, which may or may not be a limited company.
Three, the group is not necessarily an enterprise, that is to say, it can be a public institution. If it is a company in a strict sense, the company law stipulates that the word company must be marked.
Extended data:
"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. ?
A group is not necessarily an enterprise, which means it can be a public institution. For example, in some provinces and cities, the English name of the radio and television group is only written as Group, and there is no CO. If it is a company in a strict sense, the company law stipulates that the word company must be marked.
For example: Fujian Radio and Television Group. Of course, there are also enterprise radio and television groups, such as Shanghai Radio and Television. It's just a momentary thought, and there may be other counterexamples.
Limited company is the most important organizational form for Chinese enterprises to implement corporate system, which refers to registration according to the Regulations of the People's Republic of China on the Administration of Company Registration. Its advantage is that the establishment procedure is relatively simple, and there is no need to issue an announcement or account number. In particular, the company's balance sheet is generally not open, and the company's internal institutions are flexible.
Its disadvantage is that it is impossible to issue shares publicly, and the scope and scale of funds raised are generally small, which is difficult to meet the needs of large-scale production and operation activities. Therefore, the form of limited liability company (limited company) is generally suitable for small and medium-sized non-joint-stock companies.
For entrepreneurship, limited liability companies are more suitable for entrepreneurship, and most investment and financing schemes and VIE structures are designed based on limited liability companies.
References:
Group _ Baidu Encyclopedia Co., Ltd. _ Baidu Encyclopedia