The difference between joint-stock company and joint-stock company

The difference between a limited company and a joint-stock company lies in the different forms of share expression. The total rights of a limited liability company are not equally divided, but the joint-stock company is equally divided. Meanwhile, there are different restrictions on the number of shareholders. A limited liability company shall have no more than 50 shareholders.

A joint stock limited company refers to an enterprise legal person whose capital is divided into equal shares, the shareholders are liable to the company to the extent of their shares, and the company is liable to the company's debts with all its assets. A limited liability company refers to an enterprise as a legal person established by shareholders in accordance with the law, and the shareholders are liable to the company to the extent of their capital contribution, and the company is liable to the company's debts with all its assets.

Where a limited liability company establishes a board of directors, the shareholders' meeting shall be convened by the board of directors and presided over by the chairman; When the chairman is unable to perform his duties or fails to perform his duties, he shall be presided over by the vice chairman; If the vice chairman is unable to perform his duties or fails to perform his duties, more than half of the directors shall elect a director to preside over the meeting.

Where a limited liability company does not have a board of directors, the shareholders' meeting shall be convened and presided over by the executive director.

In a limited liability company, shareholders are liable to the company to the extent of their capital contribution, and the company is liable to its debts with all its assets.

In a joint stock limited company, all its capital is divided into equal shares, shareholders are liable to the company to the extent of their shares, and the company is liable to the company's debts with all its assets.

Legal basis: company law

essay

In a limited liability company, shareholders are liable to the company to the extent of their capital contribution, and the company is liable to its debts with all its assets.

In a joint stock limited company, all its capital is divided into equal shares, shareholders are liable to the company to the extent of their shares, and the company is liable to the company's debts with all its assets.

Article 24

A limited liability company shall be established by capital contribution of shareholders with less than 50 persons.

Article 78

The establishment of a joint stock limited company shall have two or more promoters, of whom more than half of the promoters shall have their domicile in China.

Article 84

Where a joint stock limited company is established by offering, the shares subscribed by the promoters shall not be less than 35% of the total shares of the company.

Article 40

Where a limited liability company establishes a board of directors, the shareholders' meeting shall be convened by the board of directors and presided over by the chairman; When the chairman is unable to perform his duties or fails to perform his duties, he shall be presided over by the vice chairman; If the vice chairman is unable to perform his duties or fails to perform his duties, more than half of the directors shall elect a director to preside over the meeting.

Where a limited liability company does not have a board of directors, the shareholders' meeting shall be convened and presided over by the executive director.

Article 138

Shareholders shall transfer their shares in a legally established securities exchange or in other ways stipulated by the State Council.

Article 141 of the Company Law

The shares of the company held by the promoters shall not be transferred within one year from the date of establishment of the company. Shares issued before the public offering of shares by the company shall not be transferred within one year from the date of listing and trading of the company's shares on the stock exchange.