Legal analysis: a limited liability company may not have a board of supervisors, but a joint stock limited company must have a board of supervisors with at least three supervisors. Whether a limited liability company establishes a board of supervisors shall be handled by the shareholders themselves through consultation, but the establishment of a board of supervisors is beneficial to the company and can play a supervisory role.
Legal basis: Article 51 of the Company Law of People's Republic of China (PRC) establishes a board of supervisors with no less than three members. A limited liability company with fewer shareholders or smaller scale may have one or two supervisors instead of a board of supervisors.