What's the difference between a limited company and a company limited by shares?

The difference between the two is that the limited liability company is small in scale, while the limited company is large in scale.

One,

1. As a small company with high privacy, the limited liability company protects the trust relationship between shareholders, which is a combination of human nature and capital cooperation, and the company has flexibility in operation.

2. The shareholders of a limited liability company shall not exceed 50, which ensures the closure of the company.

3. A limited liability company refers to an enterprise legal person whose shareholders are liable to the company to the extent of their subscribed capital contribution, and the company is liable to the company's debts with all its assets.

4. In a limited liability company, the total rights and interests are not equally divided, and the shareholders' rights and interests are expressed by the proportion of their subscribed capital contributions. When voting and paying off debts, shareholders shall enjoy rights and bear responsibilities according to the proportion of their subscribed capital contributions.

5. A limited company refers to an enterprise legal person whose total capital consists of equal shares, and whose capital is raised by issuing shares. Shareholders shall bear limited liability to the company with their subscribed shares, and the company shall bear limited liability to its debts with all its property.

6. Limited company has a large scale and strong publicity. They often have 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.

7. A limited company must have 2-200 promoters, and the number of shareholders is not limited.

8. The total capital of a joint-stock company is divided into smaller shares and shares with the same amount per share. The voting rights of shareholders are calculated according to the subscribed capital contribution, with one vote per share.