Legal analysis
Limited liability company is a joint venture company, but there are also some corporatization factors. It has the following characteristics: 1. Shareholders of a limited liability company are only liable to the company to the extent of their capital contribution. 2. The number of shareholders of a limited liability company is limited. According to the law, a limited liability company consists of 1 shareholders and 50 shareholders. 3. A limited liability company cannot make a public offering or issue shares. 4. Limited liability company is a company form that combines the advantages of joint venture company and joint venture company. A limited liability company is an operating company with legal person rights. The fixed capital share composed of the ownership (i.e. capital share) invested by the participants gives the participants the right to participate in the operation and management of the company, and according to the share, they get a part of the company's profits, i.e. dividends, and when the company goes bankrupt, they get the bankruptcy share and enjoy other rights according to law. Limited liability company (limited company for short) is the most important organizational form for Chinese enterprises to implement corporate system. Its advantage is that the establishment procedure is relatively simple, and there is no need to issue an announcement or account number. In particular, the company's balance sheet is generally not open, and the company's internal institutions are flexible. Its disadvantage is that it is impossible to issue shares publicly, and the scope and scale of funds raised are generally small, which is difficult to meet the needs of large-scale production and operation activities. Therefore, this form of limited liability company is generally suitable for small and medium-sized enterprises. The steps of registering a company, verifying its name, opening a capital verification account, depositing registered capital, verifying capital, submitting industrial and commercial establishment materials, obtaining a business license, engraving seals, issuing organization code certificates, issuing tax registration certificates, and opening a basic deposit account (taxpayer).
legal ground
Article 3 of the Company Law of People's Republic of China (PRC) is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.