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A type of business entity in Chinese-speaking regions where the liability of shareholders is limited to their investment in the company.
根据《公司法》，有限公司的股东对公司债务承担有限责任。
According to the Company Law, shareholders of a limited liability company bear limited liability for the company's debts.
Commonly abbreviated as '有限公司' or 'LLC' in English contexts.
A company with limited liability, typically used in legal and business contexts in China, Taiwan, Hong Kong, and other Chinese-speaking regions.
这家有限公司注册资本为100万元。
This limited liability company has a registered capital of 1 million yuan.
Distinct from '股份有限公司' (joint-stock company) in structure and liability.
In Mainland China, a '有限公司' is typically a private company with 50 or fewer shareholders. It is the most common form of business entity for small and medium-sized enterprises.
Avoid abbreviating '有限公司' as '有限' or '公司' alone in formal contexts, as it may cause ambiguity.
The term '有限公司' (yǒuxiàn gōngsī) combines '有限' (limited) and '公司' (company). '有限' translates to 'limited' in liability, while '公司' means 'company' or 'corporation'. This structure reflects the legal concept of limited liability introduced in Chinese company law during the late 20th century, influenced by Western corporate law models.
1. In Mainland China, '有限公司' typically refers to a private company with limited liability (similar to a 'private limited company' in the UK). 2. In Taiwan and Hong Kong, '有限公司' is often used for both private and public companies, with '股份有限公司' (joint-stock company) being the public equivalent. 3. The term is always written in full in formal documents; abbreviations like 'LLC' are used in English contexts.