1. Limited liability company belongs to "human capital joint venture". Its operation is not only a combination of capital, but also a trust relationship between shareholders. At this point, it can be considered that it is based on partnership and joint stock limited company. It is a joint stock limited company, a capital combination of shareholders, not a trust relationship between shareholders.
2. The number of shareholders in a limited liability company is limited, ranging from 2 to 50, while there is no upper limit for the number of shareholders in a joint stock limited company, as long as it is not less than 5.
3. There are restrictions on the transfer of capital contribution by shareholders of a limited liability company to people other than shareholders, which requires the consent of more than half of all shareholders, while shareholders of a joint stock limited company are free to transfer their capital contribution to people other than shareholders. 4. Limited liability companies can't publicly offer shares or issue shares, while joint stock limited companies can publicly issue shares.
5. Limited liability companies do not need to disclose financial, production and operation information to the public, while joint stock limited companies need to disclose their financial status to the public because of the large number of shareholders and frequent turnover of personnel.
6. The most important feature that distinguishes a joint stock limited company from a limited liability company is that all its capital is divided into equal shares, and shareholders are responsible for the company with their shares, and the company is responsible for the company's debts with all its capital, such as listed companies.
Legal basis: Article 76 of the Company Law of People's Republic of China (PRC) shall meet the following conditions for the establishment of a joint stock limited company: (1) the promoters meet the quorum; (2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association; (3) The issuance and offering of shares comply with the law; (4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting; (5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company; (6) Having a company domicile.