What does it mean when the company is established?

According to the relevant provisions of the Company Law, a company in the process of establishment refers to a company in the process of establishment registration. In the process of establishment, the company's capacity is to be determined, and it does not have legal personality, independent capacity for civil conduct and cannot bear legal responsibilities independently. After the successful establishment of the company is registered by the company registration authority, it has obtained the qualification of enterprise legal person.

legal ground

Article 3 of the Company Law of People's Republic of China (PRC) is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them. "Regulations of the People's Republic of China on the Administration of Company Registration" Article 3 A company shall be registered by the company registration authority according to law and obtain the Business License of Enterprise as a Legal Person before it can obtain the qualification of enterprise as a legal person. A company established after the implementation of these regulations shall not engage in business activities in the name of the company without being registered by the company registration authority.