Legal analysis: the difference between a limited company and a limited liability company: 1. There are different forms of equity expression. In a limited liability company, the total share capital is not equally divided, while the total capital of a joint stock limited company is divided into smaller shares and 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.
Legal basis: Article 24 of the Company Law, a limited liability company is established by capital contribution of shareholders with less than 50 members.