Can a partner in a limited partnership be a company?

Legal analysis: Yes. Partnership refers to the general partnership and limited partnership established in China by natural persons, legal persons and other organizations in accordance with this Law. A general partnership consists of general partners, who are jointly and severally liable for the debts of the partnership. Limited partnership consists of general partner and limited partner. The general partner shall be jointly and severally liable for the debts of the partnership, and the limited partner shall be liable for the debts of the partnership to the extent of the capital contribution subscribed.

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

Article 74 If a limited partner's own property is insufficient to pay off his debts unrelated to the partnership, the partner may pay off his income from the limited partnership; The creditor may also request the people's court to enforce the partner's share of property in the limited partnership to pay off the debts. When the people's court enforces the limited partner's share of property, it shall notify all the partners. Under the same conditions, other partners have the preemptive right.

Article 75 If there are only limited partners left in a limited partnership, it shall be dissolved. Where there are only general partners left in a limited partnership, it shall be converted into a general partnership.

Article 76 If a third party has reason to believe that a limited partner is a general partner and makes a transaction with him, the limited partner shall bear the same responsibilities as the general partner for the transaction. Where a limited partner deals with others in the name of a limited partnership without authorization, causing losses to the limited partnership or other partners, the limited partner shall be liable for compensation.

Article 77 The newly-admitted limited partner shall be liable for the debts of the limited partnership enterprise before the admission with the amount of capital contribution subscribed.