The difference between legal person and shareholders: legal person is a civil subject, which is not only a combination of people, but also a property organized for special purposes; Shareholders enjoy the right to return on assets, participate in major decision-making and choose managers according to law. In the shareholder relationship, all shareholders have equal status. In principle, they enjoy the same rights and interests, but other provisions can be made in the articles of association.

legal ground

Article 57 of the Civil Code of People's Republic of China (PRC)

A legal person is an organization that has the capacity for civil rights and civil conduct, enjoys civil rights and undertakes civil obligations independently according to law.

Article 60

A legal person shall bear civil liability independently with all its property.

Article 3 of the company law

The company is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property.

Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.