What are the classifications of nature of business? What is the latest standard classification of the nature of the enterprise

Standard classification of the nature of the enterprise:

State-owned enterprises, collective enterprises, joint ventures, joint-stock cooperative enterprises

Private enterprises, individual partnerships, limited liability companies

Limited Liability Company

Limited Liability Company: shareholders are liable to the company to the extent of the amount of their capital contributions;

Limited Liability Company: shareholders are liable to the company to the extent of the shares they have subscribed to.

Wholly state-owned companies: state-authorized investment institutions or state-authorized departments to invest in the establishment of a limited liability company.

Sole proprietorship: a business entity established in China in accordance with this Law, invested by a natural person, with the property owned by the investor, who bears unlimited liability for the debts of the enterprise with his personal property.

Partnership: refers to the general partnership and limited partnership established in China by natural persons, legal persons and other organizations in accordance with this Law.

Individual industrial and commercial households: refers to a form of economy in which the means of production are privately owned, mainly based on individual labor, and the proceeds of labor are at the disposal of individual workers. Individual business households have personal business, family business and personal partnership three forms of organization. Because of the individual entrepreneurs bear unlimited liability for debt, so the individual entrepreneurs do not have legal personality.

Foreign-invested enterprises: foreign enterprises and other economic organizations or individuals to invest in China in a variety of ways, and in accordance with the law set up to assume civil responsibility for the enterprise. Divided into: wholly foreign-owned enterprises, Sino-foreign cooperative enterprises, Sino-foreign joint venture.

Private enterprise: refers to the establishment of natural person investment or natural person holding, based on the employment of labor as a profit-making economic organization.

In addition, there are also previously registered enterprises, now can not be registered in this nature of the enterprise:

Universal ownership of enterprises: refers to the means of production owned by all the people, by the state as the representative of the exercise of ownership, engaged in the production of commodities and business activities, the implementation of self-management, self-supporting, independent accounting, in order to earn for the purpose of the enterprise.

Collective ownership of enterprises: refers to the means of production or property owned by the working masses collectively, the working masses *** with the labor, the implementation of the distribution of work-based, appropriate dividends supplemented by the extraction of a certain amount of public *** accumulation of enterprises.