Co. the abbreviation of the company; LTD has limited representatives; ; The company? Limited company is limited; A comma followed by an abbreviation indicates the specific type of company. There are two forms of legal companies in China: limited liability companies (joint stock companies or limited companies) and joint stock companies (joint stock companies).
A limited liability company, referred to as a limited liability company for short, refers to an economic organization registered in accordance with the Regulations of the People's Republic of China on the Administration of Company Registration and established with the contribution of less than 50 shareholders. Each shareholder shall bear limited liability to the company to the extent of the subscribed capital contribution, and the company as a legal person shall bear full liability for the company's debts with all its assets.
Extended data:
I. Equity transfer of a limited liability company:
1, internal transfer
Shareholders of a limited liability company may transfer all or part of their shares to each other.
2. External transfer
(1) has an agreement. According to the agreement, if there are other provisions on equity transfer in the articles of association, those provisions shall prevail.
(2) It is legal only if there is no agreement: the transfer of shares by shareholders to people other than shareholders must be approved by "more than half of other shareholders" (1/2 or more).
Means of expressing consent:
(1) definitely agree.
② If other shareholders fail to reply within 30 days from the date of receiving the written notice, it shall be deemed that they agree to the transfer.
③ If more than half of the other shareholders do not agree to the transfer, the shareholders who do not agree shall purchase the transferred equity; Do not buy, as agreed to transfer.
Second, the difference between a limited liability company and a joint stock limited company:
The difference between the two is mainly manifested in:
(1) is a joint venture or a joint venture.
Limited liability company is produced on the basis of absorbing the advantages of unlimited company and joint stock limited company.
On the one hand, its shareholders are limited to the amount of capital contribution, enjoy rights and bear responsibilities, which is different from unlimited companies. On the other hand, because of its non-public offering, shareholders are closely related and have certain humanity, so it is different from a joint stock limited company.
(2) Whether the shares are equal.
All the assets of a limited liability company do not need to be divided into equal shares, and shareholders only need to contribute according to the proportion of capital contribution determined in the agreement, and enjoy rights and assume obligations according to this proportion. Generally speaking, a joint stock limited company must convert its shares into equal shares, which is different from a limited liability company. This feature also ensures the universality, openness and equality of the joint stock limited company.
References:
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