All registered capital constituted by the equal shares and by issuing shares (or warrants) to raise capital in the enterprise legal person. Its main feature is the company's capitalization level is divided into equal value of shares; shareholders subscribe for shares of its limited liability company, the company of its total assets liable for the debts of the company; have one vote per share, the shareholders of its holdings shares, rights, obligations.
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No. 2
All registered capital from equal shares and by issuing shares (or warrants) to raise corporate capital. Its main features are: the total level of the company's capital is divided into shares of equal amount; shareholders subscribed for shares in limited liability company, with all its as_set_s liable for company debts; each share has one vote, the shareholders of its holding Share and enjoy the rights and assume obligations. Corporation Essentially just a special kind of limited liability companies only. Because of the law, only shareholders of a limited liability company in less than 50, which limits the ability of companies to raise funds. The Corporation is to overcome the drawbacks of this, the entire registered capital of the company will be broken down into smaller denominations stock (usually one yuan, of course, there are exceptions: in 2000, Li Ka-shing had bought an unknown share of stock issued by the company, Total price is 15 million Hong Kong dollars, which will hold the company's stock referred to five the total number of shares), you can attract a large number of investors, especially small investors. Due to the characteristics Corporation, making it on the organization and management of a limited liability company has a lot different from the place. A registered capital: The same refers to the registration of paid-in capital, the minimum amount of ten million yuan; Second, the authority: the general meeting, by all the shareholders. Each share has one vote of shareholders. A point worth noting is the Companies Act, making resolution of the shareholders' meeting must be "present at the meeting," the shareholder voting rights held half or 2/3 by - in this case China, a large number of investors for speculative purposes does not About enterprise specific business situation, not to mention their own expense to participate in the general meeting, to vote on such a large shareholder manipulate it to create the conditions; Another difference is that the shareholders of Corporation's shares are freely transferable, does not require the consent of the other person; Third, the Board of Directors and Managers: This is basically the same and limited liability companies; chairman of the company's legal representative, the manager responsible for the company's operations and management; Meanwhile, the Directors shall be liable to the resolution of the Board. Resolution of the board in violation of laws, administrative regulations or the articles of association, causing serious losses to the company, the directors involved in the resolution of the company liable. For listed companies, but also need to hire an independent outside directors. Co., Ltd. limited company All capital is divided into equal shares, the amount of shares to shareholders subscribed only to the extent, not the private property of its all responsible companies. There are established ways: ① initiated the establishment. That is all the shares subscribed by the promoters shall open call to the community. ② recruit established. That is part of the promoters to subscribe shares only, the rest of the open call to the community. In different countries, the establishment of regulations Corporation is different. Some state regulations, only when all the shares are considered adequate, the company was to be established. Some state regulations, the Corporation implemented the statutory capital system to recognize all of the shares of the foot condition is satisfied; Corporation to implement the authorized capital system can not recognize the full complement of shares. Organizations include: ① general meeting. That organization composed of all shareholders. It is the company's highest authority and deliberative bodies. All major matters of the Company by the shareholders' meeting resolves. Terms of the general meeting are: to listen to and the audit report of the Board of Supervisors and auditors; responsible for the appointment and removal of directors, supervisors or auditors and liquidators; determine the distribution of dividends and corporate earnings; conclude modified or rescinded on the transfer or leasing company business or property and the transferee contract business or property of others; make changes in capital, change the Articles of Association, the company's decision to dissolve or merge. ② Board. That collective mechanism consists of two or more directors. It is the company's internal implementation of business, the permanent representatives of the governing bodies of foreign companies, accountable to the shareholders meeting. The board of directors are: the views expressed on behalf of the company, or to make decisions, and organizing the implementation and enforcement of these decisions on a variety of business matters; addition to the matters General Assembly resolutions, the company's daily business activities specific matters decided by the Board. ③ Supervisory Board. That agency to supervise the business activities of the Board to perform. It is the company's permanent establishment, elected by the general meeting from shareholders, shall be performed by the director or manager. Terms of the Supervisory Board are: to attend board meetings, supervise the activities of the Board of Directors, on a regular basis and always listen to the report of the Board, the Board of Directors to prevent violation of the law and the Constitution Act; readily investigate the company's business and financial situation, access to books and other documents; audit company clearing and _set_tlement of lists of lists of liquidation; convene a general meeting; behalf of the company to negotiate with the directors or directors prosecuted. The main way of raising funds are: ① shares. Stocks are certificates issued to a shareholder's shares, a shareholder-owned company property ownership certificate law, but also for shareholders, according to a securities dividends and bonuses. Stock can be traded legally, prices reflect market conditions. The types of stock: bearer shares and bearer shares, common stock and preferred stock, par value of the stock and have no par value stocks, single stock and plural stocks. ② issuance of corporate bonds. Bond is the company to raise funds, issued in accordance with legal procedures, undertake to pay a certain interest and repay principal obligation securities within a specified time. Bonds can be divided into two types of registered bonds and bearer bonds. Bearer bonds at the time of transfer, in addition to the delivery of bonds, but also has endorsed the bonds; bearer bonds in the transfer takes effect immediately. Company bondholders are creditors of the company, right to participate in decision-making and business affairs of the company, but the company have the right to request payment of a fixed amount of interest under the Notes. The expiration of the _set_tlement of corporate bonds, corporate obligation bonds to pay off the principal of the bond holders, when the dissolution of the company, bondholders have priority over from the property of the company. LTD features Co., Ltd. has the following characteristics: (1) The Corporation is an independent economic body; The number of the number of shareholders (2) Co., Ltd. shall not be less than required by law, such as the French regulations, the number of shareholders at least seven people; (3) The Corporation's shareholders for a limited liability company's debt, which limits the amount of shares to be delivered to shareholders; All capital (4) Corporation is divided into equal shares, issued to the public by way to raise funds to pay any person after the monies, can become shareholders of the company, there is no eligibility restrictions; Shares (5) Company are freely transferable, but not withdrawal; (6) the public accounts of the Company shall, in order to understand the company investors circumstances, to choose; (7) the establishment and dissolution of the company, there are strict legal procedures, complex procedures. It can be seen, Inc. is a typical "Chinese companies together." Can a person become a shareholder of the company depends on whether he paid the monies to buy the stock, rather than depending on his personal relationship with the other shareholders, therefore, Corporation can be rapidly and widely, heavily concentrated funds. Meanwhile, we can also see that although unlimited liability companies, limited liability companies, the combined capital of the two companies are also divided into shares, but these companies are not public offering, shares are not freely transferable, distribution and circulation of the stock market shares are issued by the Corporation, therefore, in a narrow sense, refers to the AG Corporation.
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Organization
Include: ① general meeting. That organization composed of all shareholders. It is the company's highest authority and deliberative bodies. All major matters of the Company by the shareholders' meeting resolves. Terms of the general meeting are: to listen to and the audit report of the Board of Supervisors and auditors; responsible for the appointment and removal of directors, supervisors or auditors and liquidators; determine the distribution of dividends and corporate earnings; conclude modified or rescinded on the transfer or leasing company business or property and the transferee contract business or property of others; make changes in capital, change the Articles of Association, the company's decision to dissolve or merge. ② Board. That collective mechanism consists of two or more directors. It is the company's internal implementation of business, the permanent representatives of the governing bodies of foreign companies, accountable to the shareholders meeting. The board of directors are: the views expressed on behalf of the company, or to make decisions, and organizing the implementation and enforcement of these decisions on a variety of business matters; addition to the matters General Assembly resolutions, the company's daily business activities specific matters decided by the Board. ③ Supervisory Board. That agency to supervise the business activities of the Board to perform. It is the company's permanent establishment, elected by the general meeting from shareholders, shall be performed by the director or manager. Terms of the Supervisory Board are: to attend board meetings, supervise the activities of the Board of Directors, on a regular basis and always listen to the report of the Board, the Board of Directors to prevent violation of the law and the Constitution Act; readily investigate the company's business and financial situation, access to books and other documents; audit company clearing and _set_tlement of lists of lists of liquidation; convene a general meeting; behalf of the company to negotiate with the directors or directors prosecuted.
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Way to raise funds
Mainly: ① shares. Stocks are certificates issued to a shareholder's shares, a shareholder-owned company property ownership certificate law, but also for shareholders, according to a securities dividends and bonuses. Stock can be traded legally, prices reflect market conditions. The types of stock: bearer shares and bearer shares, common stock and preferred stock, par value of the stock and have no par value stocks, single stock and plural stocks. ② issuance of corporate bonds. Bond is the company to raise funds, issued in accordance with legal procedures, undertake to pay a certain interest and repay principal obligation securities within a specified time. Bonds can be divided into two types of registered bonds and bearer bonds. Bearer bonds at the time of transfer, in addition to the delivery of bonds, but also has endorsed the bonds; bearer bonds in the transfer takes effect immediately. Company bondholders are creditors of the company, right to participate in decision-making and business affairs of the company, but the company have the right to request payment of a fixed amount of interest under the Notes. The expiration of the _set_tlement of corporate bonds, corporate obligation bonds to pay off the principal of the bond holders, when the dissolution of the company, bondholders have priority over from the property of the company.
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LTD features
Co., Ltd. has the following characteristics: (1) The Corporation is an independent economic body; The number of the number of shareholders (2) Co., Ltd. shall not be less than required by law, such as the French regulations, the number of shareholders at least seven people; (3) The Corporation's shareholders for a limited liability company's debt, which limits the amount of shares to be delivered to shareholders; All capital (4) Corporation is divided into equal shares, issued to the public by way to raise funds to pay any person after the monies, can become shareholders of the company, there is no eligibility restrictions; Shares (5) Company are freely transferable, but not withdrawal; (6) the public accounts of the Company shall, in order to understand the company investors circumstances, to choose; (7) the establishment and dissolution of the company, there are strict legal procedures, complex procedures. It can be seen, Inc. is a typical "Chinese companies together." Can a person become a shareholder of the company depends on whether he paid the monies to buy the stock, rather than depending on his personal relationship with the other shareholders, therefore, Corporation can be rapidly and widely, heavily concentrated funds. Meanwhile, we can also see that although unlimited liability companies, limited liability companies, the combined capital of the two companies are also divided into shares, but these companies are not public offering, shares are not freely transferable, distribution and circulation of the stock market shares are issued by the Corporation, therefore, in a narrow sense, refers to the AG Corporation.
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The role of AG
1, to promote the economic development of the country effect. Promote horizontal horizontal linkages intermediation and economic capital, improve the overall efficiency of resource allocation. 2, joint-stock enterprises establish and improve self-discipline, self-development management mechanism. 3, for equity investors to explore investment channels, expand the choice of investment, investors adapt to the diversity of the investment motives, needs and interests of the transactions motive generally able to provide investors with the possibility to obtain higher returns.
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Economic Encyclopedia
Inc.: is defined according to the "PRC Company Registration Regulations" registration, the entire registered capital of its shares subscribed by a limited liability company in equal shares and raised capital through the issuance of shares to shareholders, the company with its all the as_set_s of economic organization responsible for its debts.
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Corporation (companylimitedbyshares)
Its total capital is divided into equal shares, the shares held by the shareholders to the extent of its liability for the company, the company's commitment to its total as_set_s in corporate debt obligations. Features: (1) the company's capital is divided into equal shares. All per share amounts of capital are divided into equal shares, is one of the Corporation Ltd. significantly different from other features. Equal shares of the capital, not only to meet the needs of Corporation public offering of shares to raise funds for the community, and to determine and facilitate the exercise of shareholder rights. Limited liability (2) shareholders. Corporation shareholders to the shares subscribed for only limited liability for its debts, the company with its creditors bear all legal persons with limited liability. When bankruptcy or liquidation, creditors of the company's as_set_s only on request, and no right to property other than the shares held by the shareholders on request, only personnel responsible for the debts of the Act creditors. (3) the stock market. Divided into two ways: First floor trading, buying and selling stocks through the stock exchange that way. Divided into cash transactions, futures four. Second, over the counter, that securities transactions outside the exchange. OTC has a variety of different forms, there are different forms of the same title in different countries. (4) is the most typical co-funded companies. Credit Corporation is the basis of the capital rather than to individual shareholders. Shareholders' equity is only holder of ownership reflected in the stock, and with the stock transfer and transfer. Corporation must be pre-determined total capital, and then proceed to offering any legal person shares are held by shareholders, are entitled to certain rights and undertake corresponding obligations. (5) the shareholders must reach a quorum. Corporation has significant legal property, national legislation generally does not allow a person established in the shares of limited liability and limit its shareholders (natural or legal) made a number of strict requirements. Minimum legal requirement in most countries the number of shareholders Corporation for seven people, such as France, Japan and other countries. The number of shareholders of the German Commercial Code provisions shall not be less than five. China's "Company Law" promoters Corporation shall not be less than five people in general, to take floatation methods Corporation may be less than five. Co., Ltd. is a typical form of organization companies. Property ownership and management; their way of using the issue of shares to raise capital, the stock sale, which can absorb a wide range of social capital, quickly gathered a huge capital to facilitate business engaged in the great cause; its use of limited liability, help protect the interests of shareholders separately, will help improve the management level and efficiency. However, it also has a complicated _set_ up procedures, commercial confidentiality, poor mobility shareholders and other weaknesses.
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English Expression
: Joint stock company, public corporation
n.: limited liability company, an incorporated company, Company Limited by Shares
Unlisted Company