What is the difference between sole proprietorship and holding?
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2020-03-27
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    There are two forms of the company: a natural person sole proprietorship company and a natural person holding company that is a limited liability company.
    (1) Natural person sole proprietorship limited company refers to a limited liability company with only one natural person shareholder, that is, one person limited liability company;
    (2) A limited liability company controlled by a natural person refers to a limited liability company established by less than 50 shareholders with the absolute or relative control of a natural person.
    Generally speaking, both natural person sole proprietorship and natural person holding company are enterprise legal persons with independent legal person property and legal person property rights.
    (3) The Company shall be liable for its debts with all its assets.
    The shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contributions.
    However, if the shareholders of a one person limited liability company cannot prove that the company's property is independent of the shareholders' own property, they shall be jointly and severally liable for the company's debts.
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