What are the main forms of joint-stock companies?
Joint-stock enterprise refers to a form of enterprise organization in which three or more stakeholders (at least three) voluntarily combine in the form of joint-stock operation. It is an enterprise organization form that adapts to the needs of socialized mass production and market economy development, realizes the relative separation of ownership and management rights, and is conducive to strengthening enterprise management functions. \x0d\ joint-stock companies mainly have two forms: \x0d\ 1. A limited liability company, referred to as a limited company for short, refers to an economy registered in accordance with the Regulations of the People's Republic of China on the Administration of Company Registration, which is established by shareholders with less than 50 employees. Each shareholder bears limited liability to the company with the amount of capital subscribed, and the company as a legal person bears full responsibility for the company's debts with all its assets. Limited liability companies include wholly state-owned companies and other limited liability companies. \x0d\2。 A joint-stock company refers to a company with shares as its capital, and its shareholders are liable to the company to the extent of the shares subscribed. To establish a joint stock limited company, there shall be no less than two promoters and no less than 200 promoters, and the minimum registered capital shall be RMB 5 million. Because all joint-stock companies must be limited liability companies (but not all limited companies are joint-stock companies), they are generally called "joint-stock companies". Joint-stock companies came into being in Europe in the18th century, and were widely popular in capitalist countries in the second half of the19th century. So far, joint-stock companies have dominated the economy of capitalist countries.