2. Non-corporate enterprises established in accordance with the Law on Sole proprietorship, the Law on Partnership, the Law on Foreign-funded Enterprises, the Law on Sino-foreign Joint Ventures and the Law on Sino-foreign Cooperative Ventures include sole proprietorship, partnership, foreign-funded enterprises, Sino-foreign joint ventures, Chinese-foreign cooperative ventures, private enterprises or private enterprises. However, it should be noted that an unincorporated enterprise can also become a legal person enterprise if it meets the requirements of the company law.
Explanation:
An unincorporated enterprise refers to an enterprise with legal personality, which is different from a company. The obvious difference with the company is the difference of registered capital. The minimum registered capital of a company is 654.38 million yuan, and that of an unincorporated enterprise is 30,000 yuan.
Generally speaking, non-corporate enterprises are enterprises that have begun to take shape, but they still need to be developed in the long run. Most enterprises need to go through this stage in the development process, so as to transform into corporate enterprises in the future and usher in more development opportunities.