Where the number of limited partnerships is more than two and less than fifty, there shall be at least one general partner and one limited partner. A partnership enterprise is established by two or more partners with the same capital contribution and does not have legal person status.
Legal objectivity:
Article 68 of the Law on Partnership Enterprises: A limited partner shall not represent a limited partnership enterprise without performing partnership affairs. The following acts of a limited partner are not regarded as the execution of partnership affairs: (1) participating in the general partner's decision to join or withdraw from the partnership enterprise; (two) to make suggestions on the management of enterprises; (three) to participate in the selection of accounting firms to undertake the audit business of limited partnership enterprises; (4) Obtaining the audited financial and accounting reports of the limited partnership enterprise; (five) in cases involving their own interests, consult the financial accounting books and other financial materials of the limited partnership; (six) when the interests of the limited partnership are infringed, claim rights or bring a lawsuit to the responsible partner; (seven) when the executive partner fails to exercise his rights, urge him to exercise his rights or bring a lawsuit for the interests of the enterprise in his own name; (eight) to provide guarantees for enterprises according to law.