Legal analysis: There are two differences between joint-stock companies and limited liability companies: 1. As a small-scale company with high privacy, limited liability company protects the trust relationship between shareholders and is the combination of human nature and capital cooperation. The company operates flexibly, and the establishment and operation steps are simple. 2. A joint stock limited company is large in scale and highly publicized. It often has a large number of shareholders by issuing shares, and the company's decision-making also has the right to speak according to the number of shares held. It is a typical joint venture company. For the purpose of protecting the public, the establishment of a joint stock limited company is more strict and complicated than the establishment of a limited liability company, no matter from the establishment conditions or procedures.
Legal basis: Article 8 of People's Republic of China (PRC) Company Law A limited liability company established in accordance with this law must indicate the words limited liability company or limited company in its name. A joint stock limited company established in accordance with this law must indicate the words joint stock limited company or joint stock company in its name.