What is the nature of a limited liability company?

Legal analysis: Limited liability companies belong to the nature of enterprises. Limited liability companies are also divided into two types, state-owned enterprises and private enterprises, but no matter which type, they belong to the nature of enterprise units and do not belong to government agencies. In general, a company will have less than 50 shareholders.

Legal basis: Article 57 of the Company Law of People's Republic of China (PRC), the provisions of this section shall apply to the establishment and organization of a one-person limited liability company; Where there are no provisions in this section, the provisions in the first and second sections of this chapter shall apply. A one-person limited liability company as mentioned in this Law refers to a limited liability company with only one natural person shareholder or one corporate shareholders.