What is the way to set up a limited liability company?

Legal analysis: limited liability companies are small in scale, strong in humanity and closed in capital. Therefore, the establishment of a limited liability company was initiated.

Legal basis: People's Republic of China (PRC) 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.

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