1, the difference of equity expression forms. In a limited liability company, the total share capital is not evenly distributed; The total capital of a joint-stock company is divided into smaller shares with equal amount per share;
2. Limit on the number of shareholders. No more than 50 shareholders of a limited liability company; A joint stock limited company must have 2-200 promoters;
3. Differences in the way and process of establishment. A limited liability company can only raise funds by promoters, and cannot publicly raise funds, issue shares or go public; In addition to establishing limited liability companies, joint-stock companies can also raise funds from the public and go public for financing, but the establishment process is complicated;
4. The degree of standardization of organizational setup is different. Limited by Share Ltd has higher requirements, so it is necessary to set up a board of directors and a board of supervisors, and hold regular shareholders' meetings. Limited liability companies are relatively simple and flexible. An organization may stipulate in its articles of association that it may have only one director and one supervisor, without the board of supervisors and the board of directors.
What are the conditions for establishing a limited liability company?
1. Shareholders meet the quorum;
2. The amount of capital contribution subscribed by all shareholders in accordance with the Articles of Association;
3. Shareholders * * * jointly formulate the Articles of Association;
4. Having a company name and establishing an organization meeting the requirements of a limited liability company;
5. Have a company residence.
Legal basis: Article 6 of People's Republic of China (PRC) Company Law.
When a company registers to establish a company, it shall apply to the company registration authority for registration of establishment according to law. 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.