1, the basis is different. A partnership is a contractual enterprise, and its establishment is based on a partnership agreement. Limited company is an equity-based enterprise, established according to the articles of association;
2. Different legal personality. Partnership does not have legal person qualification, and limited company has legal person qualification, which is the main difference between partnership and company;
3. Investors have different responsibilities. Investors in a partnership are called partners and bear unlimited liability;
Second, analyze the details
Partnership enterprises can raise funds from multiple partners, which breaks through the limitation of the amount of enterprise funds owned by a single person to a certain extent, enhances the credit of enterprises to obtain loans from outside and expands the sources of funds. And the risks are scattered among many owners, and the partners share the repayment responsibility, which greatly improves the anti-risk ability of the partnership enterprise compared with the single owner enterprise. Enterprises can expand into risk industries and broaden their development space. A limited liability company, referred to as a limited company for short, is an economic organization established by less than 50 shareholders. Each shareholder shall bear limited liability to the company to the extent of the capital contribution subscribed, and the company as a legal person shall bear full liability for the company's debts with all its assets. Limited liability companies include wholly state-owned companies and other limited liability companies.
III. Definition of Partnership Enterprise
A partnership enterprise refers to an enterprise organization form in which two or more natural persons enter into a partnership agreement, * * * jointly contribute to the operation, * * * assume sole responsibility for profits and losses, and * * * bear risks. There are two kinds of partnerships, namely, general partnerships and limited partnerships.