1. Different forms of equity expression: In a limited liability company, the total share capital is not equally divided, and shareholders' equity is expressed by the proportion of their subscribed capital contribution. When voting and paying off debts, shareholders enjoy rights and assume responsibilities according to the proportion of their subscribed capital contributions, while the total capital of a joint-stock company is divided into smaller shares and shares with the same amount per share. The voting rights of shareholders are calculated according to the subscribed capital contribution, with one vote per share.
2. Different capital scales of companies: Except for limited liability companies and joint-stock companies, the minimum registered capital of limited companies in other regions in Shanghai Free Trade Zone is 30,000 yuan, that of joint-stock companies is 5 million yuan, and that of listed companies is 50 million yuan. The State Council has held a meeting to urge the whole country to promote the abolition of the minimum registered capital system. It seems that all localities have not implemented the detailed rules.
3. The degree of standardization of organizational structure is different: limited companies are simple and flexible, and the organizational structure can be stipulated in the articles of association, and there can be only one director and one supervisor, without the board of supervisors and the board of directors. Limited companies have high requirements, so they must set up a board of directors and a board of supervisors, and hold regular shareholders' meetings. On the basis of joint-stock companies, listed companies also need to hire external independent directors.