1, different business transactions
A limited partner may conduct transactions with the limited partnership enterprise; Unless otherwise agreed in the partnership agreement or agreed by all partners, the general partner may not conduct transactions with the partnership.
2. Non-competition is different
A limited partner may engage in business competing with this limited partnership alone or in cooperation with others, unless otherwise agreed in the partnership agreement; Unless otherwise agreed in the partnership agreement or agreed by all partners, the general partner may not conduct transactions with the partnership.
3. Property share pledge is different.
A limited partner may pledge his share of property in a limited partnership; Where a general partner pledges his share of the property in the partnership, it must be unanimously agreed by the other partners.
4. The transfer of property share is different.
When the general partner transfers all or part of his property share in the partnership to a person other than the partner, it must be unanimously agreed by the other partners; A limited partner may, according to the partnership agreement, transfer his share of property in the limited partnership enterprise to a person other than the partner, but shall notify the other partners 30 days in advance.
5. Different investment requirements
The main difference between the two capital contribution requirements is that the general partner can contribute labor services, while the limited partner cannot contribute labor services. Wholly state-owned companies, state-owned enterprises, listed companies, public welfare institutions and social organizations cannot become general partners, but they can become limited partners.