A legal person established for the purpose of obtaining profits and distributing them to shareholders and other investors is a profit-making legal person.
For-profit legal persons include limited liability companies, joint stock limited companies and other corporate legal persons. Non-profit legal persons include institutions, social organizations, foundations and social service institutions.
Article 102 stipulates that an unincorporated organization includes a sole proprietorship enterprise, a partnership enterprise, a professional service institution without legal person status, etc.
There are five types of company classification, as follows:
1, unlimited liability company. A company in which all shareholders are jointly and severally liable for the debts of the company, regardless of the amount of capital contribution;
2. Limited liability company. A company in which all shareholders are liable for the debts of the company to the extent of their capital contribution;
3. Two joint ventures. A company composed of unlimited shareholders and limited shareholders;
4. Limited shares. All capital is divided into equal shares, and all shareholders are liable for the debts of the company to the extent of their shares;
5. Joint-stock companies. A company composed of unlimited liability shares and limited company shareholders.
What is the process of setting up a company?
The process of establishing a company is as follows:
1. Apply to the industrial and commercial registration authority for company name approval;
2. Draft articles of association;
3. Go to the industrial and commercial authorities to register the establishment of the company;
4. Obtain a business license;
5. Engraving seals in departments designated by public security organs;
6. Open basic bank accounts and other accounts in banks.
Legal basis:
Company Law of the People's Republic of China
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. legal ground
civil law
Article 76
A legal person established for the purpose of obtaining profits and distributing them to shareholders and other investors is a profit-making legal person.
For-profit legal persons include limited liability companies, joint stock limited companies and other corporate legal persons.
Article 87
Non-profit legal persons include institutions, social organizations, foundations and social service institutions.
Article 102 _
Non-corporate organizations include sole proprietorship enterprises, partnerships and professional service institutions without legal personality.