What are the types of companies in the business license?

There are five types of companies in the business license.

1. In a limited liability company, shareholders are liable to the company to the extent of their capital contribution, and the company is liable to the debts of the company with all its assets. According to the "Industrial and Commercial Law", it is necessary to reflect the words of Grade Two in the name.

2. A joint-stock limited liability company, a company with shares as its capital, and an enterprise legal person whose shareholders are liable to the company to the extent of the shares subscribed by them. To establish a joint stock limited company, there shall be no less than two promoters and no less than 200 promoters, and the minimum registered capital shall be RMB 5 million. Due to all

3. A sole proprietorship enterprise is an enterprise that is operated and managed by an individual and bears all the benefits and operational risks.

4. A partnership enterprise that is funded by several people and signed a partnership agreement is called a partnership enterprise.

5. Individual industrial and commercial households, mainly laborers and their families, independently engage in production and business activities and provide goods and services to the society with their own means of production and funds.