What's the difference between a company and an organization?

1. Different entities have different sources of funds: institutions: belonging to institutions. The main source of funds is the national financial allocation. Enterprises and companies: they belong to enterprise legal persons. The main source of funds is financing or shareholder investment. 2. The purpose of establishment is different: institutions: most of them are established by state organs and local governments. Not for profit, but to serve the needs of the country or society, for the benefit of the public. Enterprises and companies: for profit. 3. Different management subjects: institutions: mainly responsible by government departments. Institutions often have their subordinate government departments. Government departments mainly rely on administrative regulations, rules, regulations, orders and policies to lead and manage public institutions. Enterprises and companies: they are all within the scope permitted by laws and regulations, abide by the enterprise (company law) to conduct self-management and be responsible for their own actions. 4. Different classification: Companies: According to the Company Law of People's Republic of China (PRC), the main forms of companies are unlimited liability companies, limited liability companies, joint-stock companies, joint-stock companies and joint-stock companies, which are different from non-profit social organizations and institutions. Companies stipulated in China's current company law are divided into limited liability companies and joint stock limited companies. Institutions: educational institutions, scientific and technological institutions, cultural institutions, health institutions, social welfare institutions, sports institutions, transportation institutions, urban public institutions, agriculture, forestry, animal husbandry and fishery water conservancy institutions, information consulting institutions, intermediary service institutions, survey and design institutions, earthquake monitoring and prevention institutions, and marine institutions. Enterprise classification: sole proprietorship, partnership and corporate enterprise. Corporate enterprises are divided into limited liability companies and joint-stock companies; Domestic-funded enterprises, foreign-funded enterprises and enterprises invested by Hong Kong, Macao and Taiwan businessmen; Ownership by the whole people, collective ownership, private enterprises and foreign-funded enterprises; Unlimited liability company, limited liability company, joint stock limited company; Parent company, subsidiary company, etc. 5. Whether to pay taxes: Enterprises (including companies): In the course of operation, they need to pay taxes to the state. Institution: No tax is required. Article 7 of the Company Law A company established according to law shall be issued a business license by the company registration authority. The date of issuance of the business license of the company is the date of establishment of the company. The company's business license shall specify the company's name, domicile, registered capital, business scope, name of legal representative and other matters. Where the matters recorded in the company's business license change, the company shall register the change according to law, and the company registration authority shall issue a new business license.