A joint-stock enterprise refers to an enterprise established by raising capital (funds) by issuing and subscribing for shares, and is usually called a "joint-stock company". It is the product of the vigorous development of commodity economy and socialized mass production. The characteristics of joint-stock enterprises are mainly:
1. Issue shares as the certificate of shareholders' shares, on the one hand, get dividends, on the other hand, participate in the operation and management of the enterprise; Stock is a share certificate issued by the company to shareholders, a legal certificate for shareholders to own the company's property, and a valuable securities on which shareholders can get dividends and bonuses. Stocks can be bought and sold according to law, and the price goes with the market.
2. Establish the internal organizational structure of the enterprise. The shareholders' meeting is the highest authority of joint-stock enterprises, the board of directors is the permanent body of the highest authority, and the general manager presides over daily production and business activities;
3. Bear the responsibility of risks. The ownership income of joint-stock enterprises is scattered, and the operating risks are shared by many shareholders.
4. With a strong dynamic mechanism, many shareholders care about the operation of enterprise assets from the perspective of interests, which makes the major decisions of enterprises tend to be optimized, and the development of enterprises can be based on the interest mechanism.
5. The registered capital of a joint stock limited company is all composed of equal shares, and the capital is raised by issuing shares (or warrants), and the company is an enterprise legal person with limited liability for the company's debts with all its assets. Its main features are: the total capital of the company is divided into equal shares; Shareholders shall bear limited liability to the company with their subscribed shares, and the company shall bear liability for the company's debts with all its assets; One vote per share, shareholders enjoy rights and assume obligations with their shares.
1. A limited liability company, also known as a limited company, refers to a company established by less than 50 shareholders with the same capital contribution, and the shareholders are liable to the company to the extent of their capital contribution. The difference between a joint stock limited company and a limited liability company;
1) Co., Ltd. can only initiate the establishment. A joint-stock company may subscribe for the establishment or initiate the establishment.
2) The number of shareholders is different. The number of shareholders of a limited company is less than 50.
3) Different forms of capital contribution by shareholders. A limited company is the proof of capital contribution, and a joint-stock company is in the form of shares.
4) The restrictions on equity transfer are different.
5) The minimum amount of registered capital is different, with a limited amount of 30,000 yuan and 5 million shares.
6) Different organizational settings.
7) Different information disclosure obligations.