All Kinds Of Companies You Need To Know.
Company type
1. according to the different responsibilities of shareholders to the company, the company can be divided into
Five category
:
(1) an unlimited company, that is, all shareholders, regardless of the amount of capital invested, shall have unlimited liability for the company's debts.
(2) a company with limited liability and all shareholders shall be responsible for the debts of the company limited by its capital contribution;
(3) a joint venture company consisting of an unlimited liability shareholder and a limited liability shareholder.
(4) shares
Limited company
All capital is divided into shares of equal value. All shareholders are liable for the debts of the company on the basis of their holdings.
(5) Limited Partnership On shares, a company consisting of shareholders of unlimited liability shares and limited companies.
This division method is the most basic way to divide the company.
2. according to the nationality of the company, it can be divided into domestic companies, foreign companies and multinational corporations.
3. according to the different position of the company in control and controlled relationship, it can be divided into parent company and subsidiary company.
A parent company is a company that owns a certain amount of shares of other companies or can control and control other personnel's affairs, finances and businesses according to the agreement.
The most basic characteristic of the parent company is not whether to hold the shares of the subsidiary, but whether to participate in the business operation of the subsidiary.
A subsidiary is a company whose shares are controlled by another company or controlled by another company in accordance with the agreement.
Subsidiaries have independent legal person qualifications, own their own property, their own company names, articles of association and board of directors, independently carry out business and assume responsibility independently.
However, a major decision or major personnel arrangement involving the interests of the company is still determined by the parent company.
The thirteenth clause and second paragraph of our company law stipulates that a company can set up a subsidiary company, and the subsidiary company has the qualification of an enterprise legal person and independently bear civil liability according to law.
4. according to the different position of the company in the relationship between jurisdiction and jurisdiction, it can be divided into
Headquarters
And branch offices.
The company, also known as the company, refers to the general body that has the enterprise legal person qualification established and governed by all the organizations in accordance with the law.
Head office is usually set up before the branch office, and is in the leading and dominant position in the company's internal jurisdiction system.
A branch is a branch of a company that is not governed by a company but is subject to the jurisdiction of the company in terms of business, capital and personnel.
The branch does not have legal and economic independence, but its establishment procedure is simple.
The thirteenth clause and first paragraph of the company law stipulates that a company can set up a branch company, and the branch company does not have the enterprise legal person qualification, and its civil liability is borne by the company.
5. according to the credit basis of the company, the company's business activities are based on the individual's credit rather than the company's capital. The company is known as a human company, such as an unlimited company. The company's business activities are based on the scale of the company's capital, called Capital company, such as Limited by Share Ltd is a typical Capital company; the company's establishment and operation depends on the company's personal credit and corporate capital size, such as the two companies.
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