The board of directors of a limited liability company has the following powers:
1. Call the shareholders' meeting and report the work to the shareholders' meeting;
2. Implement the resolutions of the shareholders' meeting;
3. Decide on the company's business plan and investment plan;
4. Formulate the company's annual financial budget plan and final accounts plan;
5. Formulate the company's profit distribution plan and loss compensation plan.
Second, analyze the details
The chairman was translated into the chairman. Refers to the top leader of the company, who directs the board of directors. The chairman is also one of the directors, elected by the board of directors, and leads the company's direction and strategy on behalf of the board of directors. According to the new company law, a limited company may have an executive director instead of a board of directors. A joint stock limited company must have a board of directors composed of 5- 19 members. The chairman is elected by the board of directors with the consent of more than half of all directors. When the board of directors is not in session, it has the right to handle the important business activities of the company and the right of the board of directors to act on its behalf, and undertakes the obligation to implement the company's rules and regulations.
What is the difference between a limited company and a limited liability company?
1, the two companies are different in terms of establishment conditions and raised funds;
The difficulty of share transfer between them is different. Limited liability companies are subject to many restrictions and are more stringent;
3. The two companies have different forms of equity certificates;
4. The degree of separation between the two companies is different;
5. The disclosure of financial and economic conditions of the two companies is different.