What Is A Limited Liability Company?

　　 Company with limited liability It is a certain number of shareholder organizations regulated by law. Shareholder A company whose liabilities are limited to its debts. Limited liability company is also a Capital company, which has some similar characteristics with Limited by Share Ltd, but on the other hand, it also has the factor of human company. Therefore, the limited liability company has the following legal characteristics: first, the shareholders of limited liability company are only responsible for the company's capital contribution; second, the number of shareholders in limited liability companies is generally limited by the maximum number. The shareholders of a limited liability company are not limited to natural persons, legal persons and governments. They can become shareholders of limited liability companies. Third, a limited liability company can not publicly raise shares, and can not issue shares. Stock; Fourth, the transfer of shareholders' contribution to limited liability companies also has strict restrictions. Fifth, the establishment procedure of limited liability companies is much simpler than that of Limited by Share Ltd.