The conditions for the establishment of a limited liability company are more relaxed, and the conditions for the establishment of a joint stock limited company are more stringent;
A limited liability company can only raise funds from sponsors, but not from the public. A joint stock limited company may raise funds publicly.
Limited liability companies have the highest and lowest requirements for the number of shareholders, while joint stock limited companies only have the lowest requirements for the number of shareholders, but there is no highest requirement.
2. The difficulty of share transfer is different.
In a limited liability company, shareholders have strict requirements on the transfer of their own capital contribution, which is more restricted and more difficult.
In a joint stock limited company, shareholders can freely transfer their own shares, which is not as difficult as a limited liability company.
3. The forms of equity certificates are different.
In a limited liability company, the shareholder's equity certificate is a capital contribution certificate and cannot be transferred or circulated;
In a joint stock limited company, the shareholder's equity certificate is stock, that is, the shares held by shareholders are embodied in the form of shares, which is a certificate issued by the company to prove that shareholders hold shares and can be transferred and circulated.
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1, corporate enterprise:
It is an economic organization with the legal person property system as the core and the scientific and standardized corporate governance structure as the basis, which is engaged in large-scale production and operation activities, has the legal person qualification and is established according to law.
The company system has two main characteristics:
First, the company is a legal person. A company is a legal entity with legal personality and has the same civil capacity as a natural person. This is the fundamental feature of modern company system.
Second, the company has realized the separation of the ultimate property ownership of shareholders and the property rights of legal persons.
2. Joint-stock enterprises:
Also known as "share economy", it refers to an economic organization form in which scattered factors of production owned by different people are concentrated, used uniformly, managed rationally, self-financed and distributed according to shares.
It is also a form of enterprise property ownership. The basic feature of the joint-stock system is the separation of ownership and use right of production factors, and the scattered use right is transformed into centralized use right on the premise of keeping the ownership unchanged.
References:
Baidu Encyclopedia Company System
Baidu encyclopedia joint-stock system