How to understand joint ventures, joint ventures and joint ventures?

1. A joint venture company refers to a company based on the personal conditions of shareholders. When such companies conduct economic activities abroad, they are mainly based on the personal credit status of shareholders, not their own capital or assets. Because the shareholders of the joint venture company bear unlimited joint and several liability for the company's debts, when the company is insolvent, the shareholders must pay off the company's debts with all their personal property. In this case, the shareholders of the company should have a good understanding, so most of these companies have family characteristics.

2. capital portfolio companies referred to as joint-stock company is the symmetry of "joint-stock company", which refers to a company registered by one or several natural persons or legal persons with the minimum registered capital stipulated by law. It is divided into two basic forms: limited liability company and joint-stock company, which is the basic model of modern enterprise system in China. In capital portfolio companies, capital plays a decisive role. The stronger the company's capital, the better its credit. The reputation and credit of shareholders have nothing to do with corporate credit. Capital portfolio companies emphasized the capital combination with capital contribution as the condition.

3. The joint venture company is a company composed of unlimited shareholders and limited shareholders. Among them, the shareholders with unlimited liability are jointly and severally liable for the company's debts, and the shareholders with limited liability are liable for the company's debts to the extent of their capital contribution.

Tips: The above contents are for reference only.

Reply time: 2021-11-26. Please refer to the latest business changes announced by Ping An Bank in official website.