1. Flexibility and ownership: Limited companies are more flexible. A limited company can have multiple shareholders, and shareholders can share the profits and losses of the company in proportion to their shareholding. In addition, the shareholders of a limited company can adjust the ownership structure by buying and selling shares. The company has poor flexibility and ordinary ownership.
2. Limitation of liability: The limitation of liability of a limited company makes personal property not bear the debt risk of the company and provides better legal protection. The company's debts are borne by the company's assets, and the liability of shareholders is usually limited to the amount of shares they hold.