1, company structure. A joint venture company is established by two companies * * * with the same investment capital, each with partial shares, and * * * shares the profits, expenses, risks and control rights of the company, while a wholly-owned company refers to a company with only one corporate shareholders. The risk of a joint venture company is lower than that of a wholly-owned company. It is best to go to a joint venture company when encountering problems, because there are the same undertakers.
2. Company development. The joint venture company is composed of customers of two companies, which has a wide range of development and good prospects, while the sole proprietorship company has a single customer and needs company development, so it is good to go to the joint venture company.