Can start-up limited liability companies operate in the form of joint-stock system?

Although it is not too standardized, the company law and other relevant laws have no restrictions and are not illegal.

The founder of the company can give the company's equity to employees, so that employees can also become shareholders of the company, and it is clearly stipulated in the company's articles of association-however, the transfer of equity is legal and effective only after the Industrial and Commercial Bureau has gone through the formalities of shareholder change registration. It would be better if the company was restructured into a joint-stock company.