Is there an unlimited company? Is there one in foreign countries? Is Coca Cola an unlimited company?

Updated on Financial 2024-03-05
26 answers
  1. Anonymous users2024-02-06

    As long as it is not ****, it must be an unlimited company.

    Because only a limited number of companies are particularly emphasized.

  2. Anonymous users2024-02-05

    There are unlimited companies, such as one-person companies, partnerships, and their responsibilities (debt rights) can be extended to the family. A limited liability company is limited to a company and has nothing to do with the family.

  3. Anonymous users2024-02-04

    Unlimited company is the responsibility of unlimited extension, general funds are registered ****, so that even if something goes wrong, the responsibility is only within the scope of the company's registered capital, will not affect your own personal life and family life.

  4. Anonymous users2024-02-03

    Wow! It's the first time I've heard of Unlimited Company!

  5. Anonymous users2024-02-02

    There is no such thing as an unlimited liability company in our country.

    Unlimited liability is a general partnership in legal theory, and a sole proprietorship enterprise with unlimited joint and several liability is a non-corporate legal person.

    One person **** is a limited liability company, and the two apply different laws and regulations, and the sole proprietorship is looser than the limited liability company in terms of legal norms, and there are no special provisions on operation, directors, or shareholders, and decision-making.

    Unlimited Liability Company.

    An enterprise legal person with two or more liabilities for unlimited liquidation.

    The characteristics of this form of company are: (1) the shareholders have unlimited liability for the company. The shareholders of an unlimited liability company are liable for the company's debts not only by the amount of their capital contribution, but also by the amount of their capital contribution and all their personal property.

    When the company's assets are insufficient to pay off creditors' debts, shareholders pay off the debts with their private property until the repayment is completed. (2) Shareholders are jointly and severally liable for debt repayment. All shareholders are jointly responsible for the company's debts, and each of them bears the responsibility of repaying all the company's debts.

    The creditors of the company have the right to settle the debts to any shareholder of the company until the debts are paid in full. (3) It is a typical people-for-law company. The shareholders of an unlimited liability company are all natural persons.

    The formation of a company is mainly based on the trust relationship between shareholders, and the credit of the company depends on the credit of individual shareholders. Shareholders are generally directly involved in the operation and management of the company. The transfer of equity must be agreed by all shareholders.

    4) The company should have more than two shareholders. The unlimited liability company has a simple organization, strong business confidentiality, and good corporate credit, but the risks borne by shareholders are very large, and the size of the company is also limited. Common law countries consider an unlimited liability company to be a contractual relationship of a general partnership, and therefore do not recognize it as a corporate legal person; In civil law countries, unlimited liability companies are generally regarded as legal persons.

    Such companies are no longer important in economically developed countries.

  6. Anonymous users2024-02-01

    There is no such thing as an unlimited liability company.

  7. Anonymous users2024-01-31

    Yes, of course. The earliest company to arise was the Infinite Company. However, there is no essential difference between an unlimited company and a partnership, and it is only a partnership organization that has obtained the status of a legal person.

    The first piece of legislation on unlimited companies was the Commercial Regulations of Louis XIV of France in 1673, which at the time was known as ordinary companies. In 1807, it was renamed the Co-name Company in the French Commercial Code. The Commercial Code of Japan also stipulates that there is a "joint name company".

    After the creation of the unlimited company, there has been a great development, but with the emergence of the stock **** and the limited liability company, the unlimited company has taken a back seat.

  8. Anonymous users2024-01-30

    The biggest difference with an unlimited company is that **** needs to bear unlimited joint and several liability, while **** shareholders only bear limited liability to the company to the extent of their subscribed capital contributions.

    The risk of shareholders of an unlimited liability company is too great, and once the company goes bankrupt, it is likely that the shareholders will be bankrupt due to joint and several unlimited liquidation. However, since the unlimited company is jointly and severally liable for unlimited liability, the company's creditworthiness is high, and the economic interests of creditors can be protected.

  9. Anonymous users2024-01-29

    The main difference with an unlimited company is whether the liability of the shareholders is limited.

    A limited liability company shall pay compensation if the company is not operating well or is insolvent, and a limited liability company shall use all the assets of the company as collateral to pay the liability. The debtor is not allowed to use personal property to make the debtor repay.

    An unlimited liability company will compensate if the company is not operating well or becomes insolvent, and the unlimited liability company is the company plus personal property as collateral until all debts are paid off.

  10. Anonymous users2024-01-28

    A limited liability company, referred to as ****, the shareholders are liable to the company to the extent of their capital contributions, and the company is liable for the company's debts with all its assets.

    An unlimited liability company is one in which the shareholders are jointly and severally liable for the company and its debts.

    In China, it is not allowed to set up an unlimited liability company, but it is allowed to set up an enterprise with unlimited liability, such as a sole proprietorship and a partnership. These businesses are not separate legal entities, so they cannot be corporations, and the owners of the businesses have unlimited corporate liability directly.

    Limited liability company (****) is the most important organizational form for enterprises in China to implement the company system, which refers to the registration in accordance with the provisions of the Regulations of the People's Republic of China on the Administration of Companies. Its advantage is that the establishment procedure is relatively simple, there is no need to issue an announcement, and there is no need to publish accounts, especially the company's balance sheet is generally not disclosed, and the company's internal organization is flexible.

    Its disadvantage is that it cannot be publicly issued, and the scope and scale of raising funds are generally relatively small, which is difficult to meet the needs of large-scale production and business activities. Therefore, the form of limited liability company (****) is generally suitable for small and medium-sized non-joint-stock companies.

    For entrepreneurship, a limited liability company is a more suitable type of enterprise for entrepreneurship, and most of the investment and financing plans and VIE structures are designed based on a limited liability company.

  11. Anonymous users2024-01-27

    An unlimited company cannot file for bankruptcy.

  12. Anonymous users2024-01-26

    Joint and Several Limitation of Liability.

    An unlimited company is jointly and severally liable until the bankruptcy of the legal entity.

  13. Anonymous users2024-01-25

    The **** upstairs is correct, joint and several limited liability, this liability is limited to the amount of capital contributed by the investor. However, the unlimited company is wrong, the unlimited company refers to unlimited liability, regardless of whether the legal person is bankrupt or not, the liability will continue to exist until the completion of the change of liability.

    For example, if a company is established with two people each contributing 500, if it is ****, when the company has 1500 debts, the company only needs to repay all the 1000 yuan jointly contributed by the two people, and the company is bankrupt, and the two do not bear the remaining 500 debts; In the case of an unlimited company, even if the company goes bankrupt, the two must pay off the remaining 500 debts.

  14. Anonymous users2024-01-24

    Limited refers to the meaning of "limited liability", if the enterprise goes bankrupt and owes money, it only needs to auction off all the company's things to repay, even if it is not enough, it will end here, and there is no need to pay it back. An unlimited liability company needs to repay all debts, and if the company does not have enough money from the auction, it needs to pay back with its own private property.

  15. Anonymous users2024-01-23

    To put it simply, investors have a limited liability for risk. For example, you and I each paid 100,000 yuan to register a company, and due to poor operation, we lost money and lost 300,000 yuan, but because we are a limited liability company, we only use the 200,000 yuan of funds we registered to compensate for filing for bankruptcy, and the other 100,000 yuan of debt does not need to be compensated with additional money.

  16. Anonymous users2024-01-22

    Limited means limited liability, and if bankrupt, the partner's investment does not have to be repaid.

  17. Anonymous users2024-01-21

    There is a high school politics book to read for yourself.

  18. Anonymous users2024-01-20

    The assumption of debts is limited to the use of one's own assets to cover the debts.

  19. Anonymous users2024-01-19

    Limited liability vs. unlimited liability are forms in which investors assume liability for the debts of the companies in which they invest.

    The so-called limited liability refers to the form of liability in which the investor only bears the liability for the repayment of the debts of the enterprise with the capital (capital contribution) invested in the enterprise, and if the investor is insolvent, the excess part is naturally exempted. If a person invests RMB 1 million in a limited liability company, and the company suffers a loss due to poor operation for any reason, and the loss is allocated to the investor's name of RMB 1.2 million, since he bears limited liability, he only needs to bear the liability with the investment principal of RMB 1 million, and the excess RMB 200,000 is exempted from the investor according to law. Generally speaking, investors in legal enterprises have limited liability for corporate debts.

    For example, China's company law stipulates that shareholders bear limited liability for the company's debts to the extent of the capital of the investment company.

    Unlimited liability refers to the unlimited liability for repayment, which means that the investor's debts to the enterprise are not limited to the capital he has invested, and when the share of the enterprise's liabilities in his name exceeds the capital he has invested, he will continue to bear the debts with his other property in addition to the original invested capital. For example, if a person's capital invested in an enterprise is 10,000 yuan, and the share of the enterprise's debts allocated to him is 150,000 yuan, if he is a limited liability shareholder, he can only bear the liability with 10,000 yuan, and other debts are exempted according to law; If he is unlimited, he must take out another 5,000 yuan to pay off the debt, in addition to the 10,000 yuan he invested in the enterprise. If all his other assets are insufficient to pay off his debts, he can only apply for bankruptcy protection in accordance with the law, that is, the court will decide to forgive or postpone his debts according to law.

    According to the common practice in the world, the general partner of a partnership and the investors of a part of a one-person company shall bear unlimited liability for the debts of the enterprise in which they invest. China's Partnership Enterprise Law stipulates that all partners of a partnership shall bear unlimited liability for the debts of the enterprise.

  20. Anonymous users2024-01-18

    That's just a name, **** means limited liability in charge, how much responsibility is paid for how much responsibility, and it won't have anything to do with his family's money. In fact, self-employed is a form of unlimited liability, and he has to pay as much as he wants.

  21. Anonymous users2024-01-17

    The organizational form of the company is just that, the simple understanding is that all the assets established by the "**** or limited liability company" are assumed, and the individual industrial and commercial household is an unlimited liability company.

  22. Anonymous users2024-01-16

    The company law stipulates that only a limited liability company can be registered, that is, the company bears limited liability with registered capital contribution, rather than unlimited liability, such as a company's registered capital is 50w, then the company is operated with this 50w, and the company's external liability is limited to this capital range, if the company can not bear so many responsibilities, there is no need for the company's shareholders to bear joint and several unlimited liability.

    Unlimited liability is like a sole proprietorship or a partnership, but these cannot be called companies.

  23. Anonymous users2024-01-15

    The company should be understood separately! Gong, i.e., public; Division, i.e., management; A company is a material existence that is jointly managed by a non-single individual, so I haven't seen a company with only one person, which is at most an individual business! So why is it called limited, which is obviously the opposite of infinite, usually we will see **** and limited liability company, these two familiar titles, the meaning of limited liability company has been explained clearly, and **** not only refers to limited liability, but also includes limited assets (inherent and current) owned by the company.

    In fact, a group directly supported by ** or the whole country can be called an unlimited company! Do you understand?

  24. Anonymous users2024-01-14

    This question is also too interesting, you can go to the industry and commerce to ask why it can only be called ****.

  25. Anonymous users2024-01-13

    According to Article 18 of the Regulations for the Implementation of the Law of the People's Republic of China on Foreign-funded Enterprises:

    1. The organizational form of a foreign-funded enterprise is a limited liability company. It can also be used in other forms of liability if approved.

    2. If a foreign-funded enterprise is a limited liability company, the liability of the foreign investor to the enterprise shall be limited to the amount of capital contribution subscribed by the foreign investor.

    3. If the foreign-funded enterprise is in other forms of liability, the liability of the foreign investor to the enterprise shall be governed by the provisions of Chinese laws and regulations, so the foreign natural person may establish a one-person limited liability company and bear limited liability up to the amount of capital contribution.

    Article 1 In accordance with the provisions of the Law of the People's Republic of China on Foreign-funded Enterprises, these implementation rules are formulated.

    Article 2 Foreign-funded enterprises shall be governed and protected by the laws of the People's Republic of China. Foreign-funded enterprises engaged in business activities in China must abide by China's laws and regulations and must not harm China's social and public interests.

    Article 3 The establishment of a foreign-funded enterprise must be conducive to the development of China's national economy and be able to achieve significant economic benefits. The State encourages foreign-funded enterprises to adopt advanced technology and equipment, engage in the development of new products, realize product upgrading, save energy and raw materials, and encourage foreign-funded enterprises that export products.

  26. Anonymous users2024-01-12

    A wholly foreign-owned enterprise refers to an enterprise established by a foreign investor in accordance with the law in China. Foreign investors have unlimited liability for corporate debts.

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