1. Differences in equity forms. In a limited liability company, the total share capital is not divided equally, while the total capital of a joint-stock company is divided into smaller shares with the same amount per share. The voting rights of shareholders are calculated according to the subscribed capital contribution, with one vote per share.
2. Due to the differences in the establishment methods and processes, limited liability companies can only raise funds by promoters, and cannot publicly raise funds, issue stocks or go public.
3. The number of shareholders is limited, and the shareholders of a limited liability company shall not exceed 50, thus protecting the company's closeness; A joint stock limited company shall have 2-200 promoters, and the number of shareholders is not limited. The shareholders of a listed company with millions of people are all shareholders of the company.
4. Company capital scale: The minimum registered capital of a limited company is 30,000 yuan, that of a joint stock limited company is 5 million yuan, and that of a listed company is 50 million yuan.
5. Limited companies are relatively simple and flexible due to different degrees of standardization of organizational structure. The organizational structure can be stipulated in the articles of association, and there can be only one director and one supervisor, without the board of supervisors and the board of directors; Limited by Share Ltd has high requirements, so it is necessary to set up a board of directors and a board of supervisors and hold regular shareholders' meetings.
6. Equity transfer and equity liquidity. In a limited liability company, shareholders can transfer their capital contributions to each other.
7. Society is open. The production, operation and financial status of a limited liability company only need to be disclosed to shareholders within the time limit stipulated in the articles of association. For joint-stock companies, the financial status should be announced regularly. It is also difficult to keep the company's financial situation confidential, and it is more likely to involve information leakage, insider trading and other issues.
Legal basis:
Article 24 of the Company Law A limited liability company is established by capital contribution of shareholders with less than 50 persons.