Hello, the common types of companies are as follows: 1. The definition of a sole proprietorship: an enterprise that is funded and operated by an individual, owned and controlled by an individual, and the individual bears the operating risks and enjoys all operating income.

Investors bear unlimited liability for corporate debts with their personal property.

Applicable situations: Suitable for small-scale individual workshops, small restaurants, etc. It is common in enterprises that have special requirements for names, such as: XX Center, XX Company, XX Department, etc.

2. Corporate enterprises (1) Definition of limited liability company: It is established with capital contribution from less than fifty shareholders. Each shareholder bears limited liability for the company based on the amount of capital contribution subscribed. The legal person of the company shall bear all the assets of the company for the company's debts.

Economic organization with full responsibility.

Applicable situation: It is the most suitable type of enterprise for starting a business. Most investment and financing plans, VIE structures, etc. are designed based on limited companies.

For example: For Internet or technology projects, it is often registered as "XXX Technology Co., Ltd."

(2) Definition of a joint-stock company: It consists of more than 2 but not more than 200 promoters. The entire capital of the company is equal shares. The shareholders bear liability for the company to the extent of the shares they hold.

Applicable situation: Applicable to mature and large-scale companies, the establishment procedures are relatively strict and complex, and not suitable for start-ups and small, medium and micro enterprises.

It can be listed, but a limited liability company needs to be changed into a joint stock company before it can be listed.

3. Partnership Limited Partnership Definition: It consists of general partners and limited partners. The general partners bear unlimited joint and several liability for the debts of the partnership, and the limited partners bear liability for the debts of the partnership to the extent of their subscribed capital contributions.

Applicable situations: Commonly used in company equity incentives (shareholding platforms), law firms, and investment fund companies.

4. Definition of wholly foreign-owned company: a foreign company, enterprise, other economic organization or individual, an enterprise established in China in accordance with Chinese law with all capital invested by foreign investors.

Applicable situation: Enterprises whose shareholders are foreigners or foreign companies have more complicated procedures and stricter supervision than domestic companies.

Same name as a limited liability company.