1, there is no concept of development limited company, so it can't be compared. China's laws only stipulate limited liability companies and joint stock limited companies. As for the word "development", it is generally added by the company to make its name sound louder, and it has no practical legal significance.
2. Legal basis: Article 3 of People's Republic of China (PRC) Company Law.
In a limited liability company, shareholders are liable to the company to the extent of their capital contribution, and the company is liable to its debts with all its assets. In a joint stock limited company, all its capital is divided into equal shares, shareholders are liable to the company to the extent of their shares, and the company is liable to the company's debts with all its assets.
Article 24
A limited liability company shall be established by capital contribution of shareholders with less than 50 persons.
Article 78
The establishment of a joint stock limited company shall have two or more promoters, of whom more than half of the promoters shall have their domicile in China.
What is the difference between a limited company and a limited liability company?
There are five differences between limited companies and limited liability companies:
1, the two companies are different in terms of establishment conditions and raised funds;
The difficulty of share transfer between them is different. Limited liability companies are subject to many restrictions and are more stringent;
3. The two companies have different forms of equity certificates;
4. The degree of separation between the two companies is different;
5. The disclosure of financial and economic conditions of the two companies is different.