What is the liability of the sole proprietorship company for the company's debts?

Legal analysis: a sole proprietorship company is liable to the company with its property. Shareholders who can prove that the company's property is independent of their own property shall be jointly and severally liable to the company. A sole proprietorship company refers to a limited liability company established by a natural person or a legal person with only one shareholder. In order to avoid confusion between shareholders and corporate debts, the law stipulates that shareholders who cannot prove that their property is independent of the company shall be jointly and severally liable for corporate debts.

Legal basis: People's Republic of China (PRC) Company Law.

Article 57 The concept of one-person company The provisions of this section shall apply to the establishment and organization of a one-person limited liability company. Where there are no provisions in this section, the provisions in the first and second sections of this chapter shall apply.

A one-person limited liability company as mentioned in this Law refers to a limited liability company with only one natural person shareholder or one corporate shareholders.

Article 63 Debts of a One-Man Company If the shareholders of a One-Man Limited Liability Company cannot prove that the company's property is independent of the shareholders' own property, they shall be jointly and severally liable for the company's debts.