What is the procedure for the establishment of a joint stock limited company?

Legal analysis: The procedure for establishing a joint stock limited company is: 1. Sign the sponsorship agreement. The promoters conclude the articles of association. 2. The promoters subscribe for the shares of the company. Amount of contribution made by the promoters. 3. Establish a company organization. After the promoters pay the subscribed shares for the first time and fulfill the obligation of capital contribution, they shall elect the board of directors and the board of supervisors and set up the company organization. 4. Go through the registration of establishment. Registered by the company registration authority, obtained the company business license, and established a joint stock limited company.

Legal basis: People's Republic of China (PRC) Company Law.

Article 1 This Law is formulated for the purpose of regulating the organization and behavior of companies, protecting the legitimate rights and interests of companies, shareholders and creditors, maintaining social and economic order and promoting the development of socialist market economy.

Article 2 The term "company" as mentioned in this Law refers to limited liability companies and joint stock limited companies established in China according to this Law.

Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys legal person property rights. The company is liable for its debts with all its property.

Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.

Article 4 Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.

Article 5 A company engaged in business activities must abide by laws, administrative regulations, social ethics and business ethics, be honest and trustworthy, accept the supervision of the government and the public, and assume social responsibilities.

The legitimate rights and interests of the company are protected by law and shall not be infringed.