1. The number of shareholders is different: the number of shareholders of a limited liability company is at least 2, and the maximum is 50, and there is also a stipulation of 30 people. There is no requirement to set up a shareholders’ meeting; there is no limit on the number of shareholders of a joint stock company. Some large companies have hundreds of thousands or even millions of people and require the establishment of a shareholders' meeting, which is the company's highest authority.
2. Different registered capitals: Limited liability companies require less minimum capital. Depending on the nature and scope of the company’s production and operation, the minimum amount of registered capital is between 100,000 and 500,000; The minimum registered capital of a company is 5 million yuan as stipulated in my country's Company Law.
3. The division of share capital is different: the shares of a limited liability company do not have to be divided into equal shares, and its capital is divided according to the amount of capital subscribed by each shareholder; the shares of a joint-stock company must be divided into equal shares, and The division of share capital, the amount is smaller, the amount of each share is equal.
4. The authority of the company's organizational structure is different: a limited liability company has a small number of shareholders and a relatively simple organizational structure. It can only set up a board of directors without a shareholders' meeting or a board of supervisors. Therefore, the board of directors is often concurrently held by individual shareholders. , more flexible authority; the establishment procedures and organization of a joint-stock company are complex, and the number of shareholders is large and relatively dispersed. Therefore, the authority used by the shareholders' meeting is subject to certain restrictions, and the authority of the board of directors is relatively concentrated.
Extended information
The advantage of a limited liability company is that the establishment procedure is relatively simple. There is no need to issue an announcement or publish the accounts. In particular, the company's balance sheet is generally not made public, and the company's internal organization The setting is flexible; its disadvantage is that since stocks cannot be publicly issued, the scope and scale of raising funds are generally relatively small, making it difficult to adapt to the needs of large-scale production and operation activities.
To establish a joint-stock company, a quorum must be reached, and there should be at least 2 but not more than 200 promoters. The minimum limit for promoters is stipulated to protect the interests of creditors. To establish a joint-stock company, the statutory capital must be reached. The minimum capital limit of a joint stock company in my country shall not be less than RMB 5 million. The promoters can contribute money in currency or in kind, industrial property rights, non-patented technology, and land use rights.
The Articles of Association of a joint-stock company is an important document of a joint-stock company, which stipulates the most important matters of the company; it must have a certain organizational structure to implement internal management of the company and represent the company externally. The organizational structure of a joint stock company is the shareholders' meeting, the board of directors, the supervisory board and the manager. The shareholders' meeting makes resolutions; the board of directors is the executive agency that implements the company's shareholders' meeting resolutions; the supervisory board is the company's supervisory agency, supervising the activities of directors, managers and the company in accordance with the law.
Reference: Baidu Encyclopedia-Co., Ltd.
Reference: Baidu Encyclopedia-Co., Ltd.