Can a limited partner be a company?

Legal analysis: Of course. There is only one restriction on general partners: wholly state-owned companies, state-owned enterprises, listed companies, public welfare institutions and social organizations may not become general partners. There are no restrictions on limited partners. A limited company may be a limited partner or a general partner (subject to the above provisions).

Legal basis: Civil Code of People's Republic of China (PRC).

Article 967 A partnership contract is an agreement between two or more partners to share benefits and bear risks for the same business purpose.

Article 968 Partners shall perform their capital contribution obligations in the agreed manner, amount and payment period.

Article 969 The capital contributions made by partners, income obtained from partnership affairs according to law and other property belong to the partnership.

Before the termination of the partnership contract, the partners may not request the division of the partnership property.