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What is the difference between an individual and a company
Difference see below:

Individual industrial and commercial households to "urban and rural individual industrial and commercial management regulations" as the basis for the establishment and standardization of its operation, the limited company was established and standardized operation based on the "Company Law". Limited company name has a strict specification, and the form of responsibility and business scope of the company; and individual business name laws and regulations do not regulate the name of individual businesses, individual business name can only be a so-and-so trading company, so-and-so business department.