What is the essential difference between a limited liability company and a joint stock limited company?

There are the following differences between a limited liability company and a joint stock limited company:

First, companies are different in nature.

A limited liability company unifies human nature and capital nature, and all shareholders are jointly and severally liable for the company's debts with all their personal property. A joint stock limited company is a joint venture company. Its credit base is registered capital, and it undertakes foreign debts with the amount of company capital.

Second, the asset allocation ratio is different.

All the assets of a limited liability company are not divided into equal shares, and shareholders' rights and interests are expressed by the proportion of subscribed capital contribution, while most joint stock limited companies convert their shares into equal shares.

Third, companies are different in scale.

The number of shareholders in a limited liability company is 2? 50 persons. Shareholders of a joint stock limited company are initiated by 2-200 persons, and the number of shareholders is not limited.

Fourth, the registered capital is different

The minimum registered capital of a limited liability company is 30,000 yuan, and that of a joint stock limited company is 5 million yuan.