There is no difference, because limited company is short for limited liability company.

a limited liability company (limited company) is the most important organizational form for Chinese enterprises to implement the company system, which refers to registration according to the Regulations of the People's Republic of China on the Administration of Company Registration.

Its advantage is that the establishment procedure is relatively simple, and there is no need to publish announcements or accounts. In particular, the company's balance sheet is generally not made public, and the company's internal institutions are flexible. Its disadvantage is that it is difficult to meet the needs of large-scale production and operation activities because it is impossible to issue shares publicly and the scope and scale of raising funds are generally relatively small. Therefore, the form of limited liability company (limited company) is generally suitable for small and medium-sized non-joint-stock companies.

Extended information

Equity transfer of a limited liability company:

1. Internal transfer

Shareholders of a limited liability company can transfer all or part of their equity.

2. External transfer

(1) There is an agreement. According to the agreement: if there are other provisions on equity transfer in the articles of association, those provisions shall prevail.

(2) there is no agreement to be legal: the transfer of shares by shareholders to people other than shareholders shall be approved by "more than half of other shareholders" (more than 1/2).

note: shareholders do not need to make a resolution in the shareholders' meeting to transfer their shares to people within the shareholders.

ways of expressing consent:

① express consent clearly.

② if other shareholders fail to reply within 31 days from the date of receiving the written notice, it shall be deemed that they agree to the transfer.

③ If more than half of the other shareholders do not agree to the transfer, the shareholders who do not agree shall purchase the transferred equity; Do not buy, as agreed to transfer.

(3) preemptive right (sequence: negotiation-proportion of capital contribution)

Under the same conditions, other shareholders have the preemptive right to the equity transferred with the consent of shareholders; If two or more shareholders claim to exercise the preemptive right, their respective purchase proportions shall be determined through consultation; If negotiation fails, the preemptive right shall be exercised in accordance with their respective investment proportions at the time of transfer.

3. The people's court forcibly transfers the shareholders' equity

(1) Compulsory transfer: When the people's court transfers the shareholders' equity according to the compulsory execution procedure, it shall notify the company and all shareholders, and other shareholders have the preemptive right under the same conditions. Other shareholders who fail to exercise the preemptive right within "21 days" from the date of notification by the people's court shall be deemed to have waived the preemptive right.

(2) procedures for transferring equity: cancel the original shareholder's capital contribution certificate-issue the capital contribution certificate to the new shareholder-modify the records of shareholders and their capital contribution in the Articles of Association and the register of shareholders.

Baidu encyclopedia: limited liability company.