Legal analysis: Limited liability company, referred to as limited company for short, shareholders are liable to the company to the extent of their capital contribution, and the company is liable to the company's debts with all its assets. According to the Company Law, such companies must indicate the words "limited liability company" or "limited company" in the company name. A limited liability company refers to an economic organization registered in accordance with regulations 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. Limited liability companies include wholly state-owned companies and other limited liability companies.
Legal basis: Article 18 of the Regulations of the People's Republic of China on the Administration of Company Registration, when establishing a limited liability company, the representative designated by all shareholders or the agent entrusted by all shareholders shall apply to the company registration authority for pre-approval of the name; To establish a joint stock limited company, the representative designated by all the promoters or the agent entrusted by * * * shall apply to the company registration authority for name pre-approval.