There is no difference, because they themselves are not comparable. "Industrial Co., Ltd." is just a word to explain the nature of the company such as "development", "trade", "consulting" and so on. The so-called "industrial limited company" generally refers to a limited company whose main business is the establishment of economic entities.
Excerpts from the Company Law of the People's Republic of China
Chapter 2 Establishment of Limited Liability Company
Section 1 Establishment
Article 19 To establish a limited liability company, the following conditions must be met:
(1) The shareholders meet the quorum;
(2) The shareholders’ capital contribution reaches the minimum legal capital limit;
(3) The shareholders jointly formulate the articles of association;
(4) Have a company name and establish an organizational structure that meets the requirements of a limited liability company;
(5) There are fixed production and operation sites and necessary production and operation conditions.
Article 20 A limited liability company shall be established with joint capital contributions from two to fifty shareholders.
State-authorized investment institutions or state-authorized departments may independently invest in the establishment of wholly state-owned limited liability companies.
Article 21 If a state-owned enterprise established before the implementation of this law meets the conditions for establishing a limited liability company stipulated in this law and has a single investment entity, it may be converted into a wholly state-owned limited liability company in accordance with this law. ; If there are multiple investment entities, they can be converted into a limited liability company as specified in paragraph 1 of the preceding article.
The implementation steps and specific methods for converting state-owned enterprises into companies shall be separately stipulated by the State Council.
Article 22 The articles of association of a limited liability company shall specify the following matters:
(1) Company name and domicile;
(2) Company business scope ;
(3) Registered capital of the company;
(4) Names of shareholders;
(5) Rights and obligations of shareholders;
(6) Shareholders’ capital contribution methods and amounts;
(7) Conditions for shareholders to transfer their capital contributions;
(8) The organization of the company, its formation methods, powers and powers , rules of procedure;
(9) Legal representative of the company;
(10) Reasons for dissolution and liquidation methods of the company;
(11) Shareholders Other matters deemed necessary to be specified.
Shareholders should sign and seal the articles of association.
Article 23 The registered capital of a limited liability company shall be the actual capital contribution paid by all shareholders registered with the company registration authority.
The registered capital of a limited liability company shall not be less than the following minimum limit:
(1) RMB 500,000 for a company mainly engaged in production and operation;
(2) RMB 500,000 for companies mainly engaged in wholesale of goods;
(3) RMB 300,000 for companies mainly engaged in commercial retail;
(4) Technology Development, consulting and service company RMB 100,000.
If the minimum registered capital of a limited liability company in a specific industry needs to be higher than the limit specified in the preceding paragraph, it shall be separately stipulated by laws and administrative regulations.
Article 24 Shareholders may make capital contributions in currency or in kind, industrial property rights, non-patented technology, or land use rights. The physical objects, industrial property rights, non-patented technologies or land use rights used as investment must be evaluated and valued, and the property must be verified, and the valuation must not be overestimated or underestimated. The evaluation and valuation of land use rights shall be handled in accordance with the provisions of laws and administrative regulations.
The amount of capital contribution in the form of industrial property rights and non-patented technology shall not exceed 20% of the registered capital of a limited liability company, unless the state has special regulations on the use of high-tech achievements.
Article 25 Shareholders shall pay in full the amount of capital contributions they subscribe for as stipulated in the company's articles of association.
If a shareholder contributes capital in currency, the full amount of the monetary contribution shall be deposited into the temporary account opened in the bank of the limited liability company to be established; if the shareholder contributes capital in kind, industrial property rights, non-patented technology or land use rights, the transfer of its property rights shall be handled in accordance with the law. formalities.
Shareholders who fail to pay their subscribed capital contributions in accordance with the provisions of the preceding paragraph shall bear liability for breach of contract to shareholders who have paid their capital contributions in full.
Article 26 After all shareholders have paid their capital contribution, they must have their capital verified by a legal capital verification agency and issue a certificate.
Article 27 After all capital contributions of shareholders have been verified by the statutory capital verification agency, the representatives designated by all shareholders or the agents entrusted by the *** shall apply to the company registration authority for establishment registration and submit the company registration Application form, company articles of association, capital verification certificate and other documents.
If laws and administrative regulations require approval from relevant departments, approval documents must be submitted when applying for establishment registration.
The company registration authority will register and issue a business license to companies that meet the conditions stipulated in this Law; those that do not meet the conditions stipulated in this Law will not be registered.
The date of issuance of the company's business license is the date of establishment of the limited liability company.
Article 28 After the establishment of a limited liability company, if it is found that the actual value of the physical objects, industrial property rights, non-patented technology, and land use rights used as capital contributions is significantly lower than the amount specified in the company's articles of association, it shall be The shareholder who contributed the capital must make up the difference, and the other shareholders at the time of the company's establishment shall bear joint and several liability.
Article 29 If a branch is established at the same time as a limited liability company, the branch shall be registered with the company registration authority and obtain a business license.
When a limited liability company establishes a branch after its establishment, the legal representative of the company shall apply to the company registration authority for registration and obtain a business license.
Article 30 After a limited liability company is established, an investment certificate shall be issued to the shareholders.
The capital contribution certificate shall specify the following matters:
(1) Company name;
(2) Company registration date;
(3) The registered capital of the company;
(4) The name of the shareholder, the amount of capital contribution paid and the date of capital contribution;
(5) The number and date of issuance of the capital contribution certificate.
The investment certificate shall be stamped by the company.