Companies are legal entities with similar properties to people according to some parts of the law, but they're not people. Companies cannot be arrested, companies do not need to eat food, and companies do not retire. They have a small set of human rights and obligations without any human properties. Companies share an abstraction with people when it comes to some part of the legal system.

Company personhood and its implications and restrictions differ from jurisdiction to jurisdiction, and in countries like the USA the exact definition is still a matter up for debate.