1. Limited liability company. A limited liability company is an enterprise legal person established in accordance with the Company Law of People's Republic of China (PRC). Shareholders are liable to the company to the extent of their capital contribution, and the company is liable to its debts with all its property. According to the new Company Law, the conditions for establishing a limited liability company are:
1. It is established by capital contribution of less than 50 shareholders;
2. The minimum registered capital of a limited liability company is RMB 30,000 yuan, but it can be paid in installments (the initial contribution of all shareholders of the company shall not be less than 20% of the registered capital, nor shall it be less than the statutory minimum registered capital, and the rest shall be paid by shareholders within two years from the date of establishment of the company; Among them, the investment company can pay in full within five years);
3. Shareholders can make capital contributions in currency, or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in currency and can be transferred according to law, except those that are not allowed as capital contributions according to laws and administrative regulations. The monetary contribution of all shareholders shall not be less than 30% of the registered capital of a limited liability company.
Among them, special provisions have been made for one-person limited liability companies. A one-person limited liability company refers to a limited liability company with only one natural person shareholder or one corporate shareholders. The minimum registered capital of a one-person limited liability company is RMB 100,000. Shareholders shall pay in full the capital contribution stipulated in the Articles of Association.
2. Limited shares. A company limited by shares is characterized in that all its capital is divided into equal shares, shareholders are liable to the company to the extent of their shares, and the company is liable to the company's debts with all its assets. Its establishment requirements are:
1, subject. Article 79 of the Company Law stipulates: "To establish a joint stock limited company, there should be more than two promoters, and more than half of them should have their domicile in China."
2. Registered capital. The minimum registered capital of a joint stock limited company is RMB 5 million. It can also be paid in installments, but the initial contribution shall not be less than 20% of the registered capital, and the rest shall be paid in full by the promoters within two years from the date of establishment of the company; Among them, the investment company can pay in full within five years.
3. The mode of capital contribution is the same as that of a limited liability company.