What are the types of industries

Based on the different forms of responsibility of shareholders to the company, the types of companies can be divided into four categories:

(1) unlimited company, that is, composed of more than two shareholders, the shareholders of the company's debt unlimited liability company.

(2) limited liability company, i.e., established under the conditions prescribed by law, consisting of a certain number of shareholders (more than 2 and less than 50), the shareholders are liable to the company to the extent of their capital contribution, and the company is liable for the company's debts with all its assets.

(3) two companies, that is, by one or more of the unlimited liability shareholders and one or more of the limited liability company shareholders of the company. Its main feature is that the limited liability company shareholders only to the extent of their capital contribution to the company is liable to the company, unlimited liability shareholders of the company; the company is operated by the unlimited liability shareholders.

(4) limited liability company, that is, by a certain number of shareholders, the company's entire capital is equal shares, the shareholders to the limit of their shares to the company's liability, the company's liable for the company's debts with all its assets. China's Company Law provides only two types of companies, one is a limited liability company (including wholly state-owned companies), the second is a limited liability company.