The difference between holding company and limited company

Legal analysis: 1. The conditions for establishment are different. The establishment and financing conditions of these two companies are different. The conditions for the establishment of a limited liability company are more relaxed, and the conditions for the establishment of a joint stock limited company are more stringent. 2. Different share transfer systems make it difficult to transfer shares between two companies. 3. Different stock certificates These two companies have different forms of stock certificates. The qualification certificate of shareholders of a limited liability company is the proof of capital contribution and may not be transferred or circulated; The shareholder qualification certificate of a joint-stock company is a stock, that is, the shares held by shareholders are embodied in the form of shares.

Legal basis: Article 6 of the Company Law of People's Republic of China (PRC) shall apply to the company registration authority for registration of establishment. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.

Article 11 of the Securities Law of People's Republic of China (PRC) The establishment of a joint stock limited company to publicly issue shares shall meet the conditions stipulated in the Company Law of People's Republic of China (PRC) and other conditions stipulated by the securities regulatory authority of the State Council approved by the State Council, and submit an application for stock issuance and the following documents to the securities regulatory authority of the State Council: (1) Articles of Association; (2) Sponsor agreement; (3) The name of the promoters, the number of shares subscribed by the promoters, the type of capital contribution and the capital verification certificate; (4) the prospectus; (5) The name and address of the bank that collects the shares; (6) The name of the underwriting institution and relevant agreements. Where a sponsor is hired in accordance with the provisions of this law, a letter of recommendation for issuance issued by the sponsor shall also be submitted. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the corresponding approval documents shall also be submitted.