Is the limited company a private enterprise or a private enterprise?

Limited companies are not necessarily private enterprises. Limited companies may include wholly state-owned companies and other limited companies, but are not limited to private enterprises, which may include limited companies, partnerships and private enterprises. Limited liability company and private enterprise are two different concepts. The types of responsibilities of limited liability companies and private enterprises are classified according to the ownership of the means of production relative to state-owned or public enterprises. Private enterprises refer to profit-making economic organizations established by or controlled by natural persons and based on wage labor. Limited liability companies include private enterprises, but not limited to private enterprises, and private enterprises also include limited companies, but not limited to limited liability companies. To establish a limited liability company, a representative designated by all shareholders or an agent entrusted by all shareholders shall apply to the company registration authority for name pre-approval. 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.

Company Law of the People's Republic of China

Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys 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.

Article 9 When a limited liability company is changed into a joint stock limited company, it shall meet the requirements of a joint stock limited company as stipulated in this Law. When a joint stock limited company is changed into a limited liability company, it shall meet the conditions of a limited liability company as stipulated in this Law. Where a limited liability company is changed into a joint stock limited company, or a joint stock limited company is changed into a limited liability company, the creditor's rights and debts before the company change shall be inherited by the changed company.

What are the conditions for the establishment of a limited liability company?

The establishment of a limited liability company includes the following conditions:

1. The quorum of shareholders of the company refers to the statutory qualifications and limited number;

2. The amount of capital contribution subscribed by all shareholders in accordance with the Articles of Association;

3. The Articles of Association are jointly formulated by the shareholders * * *, which is in line with the company's business model and business scope;

4. Having a company name and establishing an organization meeting the requirements of a limited liability company;

5. Having the company's business premises.

Legal basis:

Article 23 The establishment of a limited liability company shall meet the following conditions:

(1) Shareholders meet the quorum;

(2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association;

(3) Shareholders * * * agree to formulate the Articles of Association;

(4) Having a company name and establishing an organization meeting the requirements of a limited liability company;

(5) Having a company domicile.