Limited liability companies belong to the type of non-public economy. According to the law, a limited liability company shall be established with the contribution of less than 50 shareholders, each shareholder shall bear limited liability to the company with the amount of capital contribution subscribed, and the company shall be liable for the debts of the company with all its assets. Limited liability companies include wholly state-owned companies and other limited liability companies. The registered items of a company shall comply with the provisions of laws and administrative regulations. If it does not meet the requirements, the company registration authority will not register it. The company name shall conform to the relevant provisions of the state. A company can only use one name. The company name approved and registered by the company registration authority is protected by law. According to Chinese laws, there are different types of companies, and limited liability companies are one of them. According to Chinese laws, there are different types of companies, and limited liability companies are one of them. Limited liability companies belong to the type of non-public economy. The registered items of a company shall comply with the provisions of laws and administrative regulations. If it does not conform to the provisions of laws and administrative regulations, the company registration authority shall not register it. The company name shall conform to the relevant provisions of the state. A company can only use one name. The company name approved and registered by the company registration authority is protected by law.
The corporate nature of a limited liability company is a private enterprise in China. This nature is the nature of enterprise. A limited liability company is an enterprise. Limited liability company, it is also divided into two types, there are state-owned enterprises and private enterprises, but no matter which type, it belongs to the nature of enterprise units.
Legal basis: company law
Article 23 To establish a limited liability company, the following conditions shall be met:
(1) Shareholders meet the 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.