According to the law, the highest authority of a limited liability company should be the shareholders' meeting, that is, the meeting of all shareholders. Important matters should be reviewed and approved by this meeting, and general daily management matters can be decided by the manager's office meeting.
It can also be decided by the general manager. Some important matters, that is, major events related to the survival and development of the company, should be decided by the board of directors and then by the shareholders' meeting.
There is also a board of supervisors to supervise the daily management of the company and supervise the performance of duties of managers, directors, chairmen and other personnel.
Extended data:
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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:
Baidu encyclopedia-limited liability company