China (CN)

Jurisdiction Overview

IDQuestionAnswer
105 Number of companies with limited liability 24479000
 Data Date: 2019

Notes

 
According to the FATF: "For-profit legal persons consist of limited liability companies (LLC, 23,798,000), joint-stock limited companies (JSLC, 142,000), state-owned enterprises (357,000), listed companies (3,400), and foreign investment enterprises (539,000)" (FATF 2019: 36). The number presented here includes limited liability companies, joint-stock limited companies and foreign investment enterprises. In 2013, the Global Forum reported: "As at the end of 2011, there were more than 205,000 joint stock companies registered in China; and [...] 9,500,000 limited liability companies registered in China [...]" (GF 2013: 27). In addition, there were 446,000 foreign invested enterprises (FIEs) [companies partly or wholly owned by foreign investors] registered in China (ibid). In 2016, the China Statistical yearbook reported there are 15,729,199 companies with limited liability.

Sources

http://www.stats.gov.cn/tjsj/ndsj/2016/indexeh.htm
 
GF 2013: 26-27
 
FATF 2019: 36