Refers to the organizational form of an enterprise. A corporate legal person for profit-making purposes. Obtained a high degree of development in the capitalist society. After the founding of the People’s Republic of my country, private companies were reformed socially. State-owned industry, commerce, construction, transportation and other departments that implement independent economic accounting management organizations and professional management organizations divided by industry in certain cities are also commonly referred to as companies.
The companies mentioned in the company law of our country are corporate legal persons established in China in accordance with the company law for the purpose of making profits, including limited liability companies and joint stock limited companies. It is a form of enterprise organization formed to meet the needs of socialized mass production in the market economy.