A joint stock limited company is also a kind of limited liability company, which refers to a company established by the promoters who subscribe for part of the shares that the company should issue and raise the remaining shares to the public or specific objects.
The types of companies are one-person limited liability company (invested by a natural person, with a minimum registered capital of100000 yuan), ordinary limited liability company (with more than two shareholders, natural person shareholders or corporate shareholders, with a minimum registered capital of 30000 yuan), wholly state-owned company (established by the state alone), and joint-stock limited liability company (part of the shares to be issued by the company shall be subscribed by the promoters, and the rest shall be made available to the public or specific companies).
Others, such as sole proprietorships and partnerships, are enterprises without legal personality.