A joint venture company means that the credit of the company's business activities is completely based on the company's assets and has no direct relationship with the personal reputation of shareholders. The credibility of the joint venture company is not as high as that of the joint venture company. Limited liability companies and joint-stock companies belong to joint-stock companies, especially joint-stock companies.
Explanation of related nouns:
Personal company
Joint company means that the company's business activities are mainly based on the personal credit of shareholders. The basis for such companies to carry out production and business activities and gain social trust lies in the personal credit of shareholders. Unlimited liability company belongs to the most typical man-made company. Its shareholders may contribute capital with creditor's rights, labor services, creditor's rights or other rights. Its ownership and management rights are unified.
Human capital limited
Capital-human joint venture refers to a company based on shareholders' personal credit and capital credit, which has both human credit and capital credit. Two joint-stock companies and two joint-stock companies are typical human capital joint-stock companies.