What is the difference between a limited company and a limited liability company? It is best to give an example.

The difference is that Limited Companies includeLimited by share LtdAndLimited Liability Company , Limited liability company is a type of Limited Company. such as Huatian Hotel Limited by share Ltd and Yiyang Huatian Hotel Limited Liability Company, the former is the parent company, is a limited by share Ltd; the latter is a subsidiary, is a limited liability company.
According to the provisions of China's company law, China's "company refers to a limited liability company and a limited by share Ltd established in China in accordance with this Law ".
1. A limited liability company (hereinafter referred to as a limited company). Shareholders shall be liable for the amount of their capital contribution to the company, and all its assets shall be liable for the company's debts. Such companies, according to the provisions of the Company Law, must be indicated in the company name "limited liability company" or "limited company.
2. All the capital of a joint-stock company limited, referred to as a joint-stock company, is divided into equal shares. Shareholders shall be liable for the shares held by the company, and the company shall be liable for the debts of the company based on all its assets. Such companies, according to the provisions of the Company Law, must be indicated in the company name "limited by share company" or "by share company.

Regardless of the limited company or a joint-stock company, their biggest characteristic is that the liability of shareholders to the company is limited, and the amount of their capital contribution is limited. That is to say, when the company's assets are insufficient to pay off the debts it owes, the shareholders do not need to pay off the debts for the company.

For a limited liability company (including a limited company and a joint-stock company), an unlimited liability company means that a shareholder is jointly and severally liable for the company and its debts. That is to say, if the company cannot repay the debt, the shareholders shall be liable for the liquidation. In China, an unlimited liability company is not allowed, but an enterprise with unlimited liability is allowed, such as a sole proprietorship or partnership. These enterprises are not independent legal entities, so they cannot become companies, and the owners of enterprises directly assume unlimited corporate responsibilities.

In addition, there is also a company called a joint company. Some of its shareholders have limited liability for the company, while others have unlimited liability for the company. Therefore. The company has the characteristics of both limited and Unlimited companies. Similarly, in China, two joint companies are not allowed.

Therefore, a limited liability company and a limited company are the same thing.

In addition, after the company has completed the registration for industry and commerce, the company name shall be protected by law, and the name approved by the administrative department for industry and commerce should be used in daily business activities. You cannot change or increase or decrease any word. For example, "ABC limited" cannot be called "ABC limited liability company". In turn, "def limited liability company" cannot be called "def limited liability company ", otherwise, it will be regarded as two different companies by law.