What are the types of joint stock limited companies?

Type of joint-stock company:

1. Unlimited company, where all shareholders are jointly and severally liable for the debts of the company;

2. Limited company, the shareholders are only liable for the debts of the company to the extent of their capital contribution;

3. Joint venture company, that is, the company consists of unlimited shareholders and limited shareholders.

legal ground

Article 9 of the company law

When a limited liability company is changed into a joint stock limited company, it shall meet the conditions of a joint stock limited company as stipulated in this Law. When a joint stock limited company is changed into a limited liability company, it shall meet the conditions of a limited liability company as stipulated in this Law.

Where a limited liability company is changed into a joint stock limited company, or a joint stock limited company is changed into a limited liability company, the creditor's rights and debts before the company change shall be inherited by the changed company.