What does the former company mean?

Company is an enterprise organization form formed in the market economy to meet the needs of socialized mass production.

Companies in China refer to for-profit legal entities established in China according to the Company Law of People's Republic of China (PRC), including limited liability companies and joint stock limited companies.

Before the company appeared, the sole proprietorship enterprise was the most typical enterprise form; All kinds of partnership organizations coexist with sole proprietorship enterprises, and the most typical partnership organization at that time was family management group.

Before the company came into being, the partnership organization did not obtain the status of legal person, but some other legal persons appeared, which can be traced back to ancient Rome.

In ancient Rome, the state, local autonomous organizations, monasteries and other religious groups, nursing homes and other charitable organizations all obtained legal person status. In the Middle Ages, some trade groups obtained legal person status, especially those engaged in overseas trade. In medieval England, such organizations enjoyed greater independence than partnership organizations.

The earliest company was Infinite Company. However, there is no essential difference between an unlimited company and a partnership, but it is just a partnership organization with legal personality.

The first legislation on unlimited companies was 1673, the commercial regulations of Louis XIV of France, which was then called ordinary companies, and 1807 was renamed as joint companies in the French commercial code.

Japanese commercial law also stipulates that there are "joint associations". Infinite company has made great progress since it came into being, but with the emergence of joint-stock companies and limited liability companies, infinite company has retired to a secondary position.

The limited liability company first appeared in Germany at the end of 19. Limited liability companies basically absorb the advantages of unlimited companies and joint-stock companies and avoid their shortcomings, especially for small and medium-sized enterprises. The earliest limited liability company legislation was the Limited Liability Company Law of Germany/KOOC-0/892, followed by the Limited Liability Company Law of France/KOOC-0/9/KOOC-0/9.