2. A limited liability company can only raise funds from the promoters, but not from the public, nor can it issue shares, let alone go public;
3. The limited liability company shall have no more than 50 shareholders, which ensures the closure of the company;
4. 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;
5. The limited company is relatively simple and flexible, and the organization can be stipulated in the articles of association, and there can be only one director and one supervisor, without the board of supervisors and the board of directors; Limited by Share Ltd has high requirements, so it is necessary to set up a board of directors and a board of supervisors, and hold regular shareholders' meetings;
6. A limited liability company and its shareholders may transfer their capital contributions to each other;
7. The production, operation and financial status of a limited liability company only need to be disclosed to shareholders within the time limit stipulated in the company's articles of association, and the financial status of a joint stock limited company shall be announced regularly. It is also difficult to keep the company's financial situation confidential, and it is more likely to involve information leakage, insider trading and other issues.
Legal basis: Article 24 of the Company Law of People's Republic of China (PRC), a limited liability company is established by capital contribution of shareholders with less than 50 members.