Clew: One red plan, free plan, do what one says.
Say the result first: Limited company and finite liability company do not have distinction, what say because of both itself is same a thing, limited company is the abbreviation of finite liability company.
This is the company classification of our country
According to " company law of People's Republic of China " regulation, "The company is the finite liability company that creates inside the territory in showing this law is in according to and Inc. " , namely, according to law character, at present the company of our country, divide actually only for finite liability company and Inc. two kinds.
Company of 1. finite liability
General abbreviation is limited company, those who point to is by 50 the following partner is contributive establish, what every partner owns the contributive forehead in the limit of of capture to assume finite responsibility to the company with its, the economy that with its total assets assumes full responsibility to debenture Wu organizes company legal person. To this kind of company, according to fair judicatory regulation, must indicate in company name " finite liability company " or " limited company " model of written characters. Finite liability company does not allow to issue stock financing, if an enterprise wants to appear on the market issue stock financing to must reorganization for Inc. .
2. Inc.
Abbreviation is joint-stock company, its are all capital cent is share waiting for the forehead, partner assumes responsibility to the company with what its hold share in the limit of, company with its total assets assumes responsibility to the debt of the company. This kind of company, according to fair judicatory regulation, must indicate in company name " Inc. " or " joint-stock company " model of written characters. The enrollment of Inc. the lowermost limitation of capital is a RMB 5 million yuan. The company can issue a stock publicly to raise fund to the society, the stock can be made over lawfully, law has lowermost limit only to company shareholder number, without highest forehead regulation.
In reality initiative the company that create, it is finite liability company commonly, expand as the development of the enterprise, sequel is reorganizationing for Inc. , so big company basically is given priority to with Inc. .
Infinite liability company
No matter limited company still is joint-stock company, partner is assume responsibility to the debt of the company with his contributive forehead (get 1 than when be like a business failure, be in debt external 100 million, the contributive forehead of partner is only 10 million yuan, so the responsibility that partner assumes at most namely 10 million yuan, this also is the fund that why to allow company account turns to partner at will, smoke with respect to meeting existence otherwise escape the circumstance of capital) .
So actual have infinite liability company? Namely partner assumes infinite joint liability to the debt of the company (for instance the company owes 100 million, that partner is about to return 100 million) . According to the legal provision of our country, do not allow to create infinite liability company at present, nevertheless the country allows to create the company that assumes infinite responsibility however, the individual is for instance solely invested enterprise, partnership business, these enterprises are not independent legal person, cannot become a company so, can say only for the enterprise, and assume infinite enterprise responsibility directly by the proprietor of an enterprise, actually this kind of essence comes up saying is infinite liability company.
Summary
The place on put together narrates: Finite liability company and limited company were not distinguished, both it is the enterprise with same simple individual character.
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