answer
Answer to the above question:
1- Partners: In a limited liability company, there are at least 2 partners, while in a private limited company, at least 3 shareholders are required.
2- Capital: The initial capital in a limited liability company is stated only in the articles of association and there is no need to open an account and deposit money. In the case of a private limited company, the shareholders are required to deposit at least 35% of the initial capital into an account named The company should be filed and the relevant certificate should be presented when the company is formed, and the remaining 65% of the capital will be held by the shareholders.
Tip
A: If a part of the company consists of non-cash contributions, the confirmation of these contributions in a limited liability company will be done by the partners, and the responsibility of the accuracy of the estimate will be borne by the partners, but in private joint-stock companies, the confirmation of non-cash contributions by The official expert of justice will be done.
B: Capital in a limited liability company is not divided into shares or parts of shares, and partners are only responsible for debts and obligations up to the amount of their capital in the company.
3- Selection of inspectors: The selection of main and alternate inspectors is mandatory in a private joint-stock company, but optional in a limited liability company.
4- Selection of managers: The managers of the limited liability company can be selected from among the partners or outside of them, but in a private limited company, the managers must be selected from among the company’s shareholders, or after selecting the number and collateral shares specified in the articles of association. It has been decided to prepare and submit to the company’s fund.
5- Management term of managers: There is no limit in a limited liability company, and company members can consider a limited or unlimited term for managers, but in private limited companies, managers are elected for a maximum of two years.
6- Selection of newspaper: The members of the board of directors in a limited liability company are not required to choose a widely circulated newspaper, but the selection of a widely circulated newspaper is mandatory for placing an invitation to participate in a special share.
7- Formation of general assemblies: In a limited liability company, there are more difficult conditions, but easier conditions are considered for the formation of general assemblies of private joint stock companies.
8- Transfer of shares: In limited liability companies, it is done with the agreement of three quarters of the partners and after registration in the notary office, but in joint stock companies, this is done in the form of normal transfer of shares.
Tip
The transfer of shares in limited liability companies can be done only through the formation of a general meeting, but in a private limited company, for the transfer of shares, first the transferors of shares and the recipients of shares refer to the finance department related to the tax area of the company. And after obtaining the 4% share transfer tax certificate, they complete their work through the assembly together with the transfer certificate obtained from the property.
9- Voting rights: In a special joint stock company, it will be based on the number of shares, and in a limited liability company, it will be in proportion to the capital.
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