Procedures for setting up a joint stock company
It is a very flexible type of company that allows many people to contribute capital to the company. The ability to raise capital of a joint stock company is very high through the issuance of shares to the public, this is a unique characteristic of a joint stock company.
The transfer of capital in a joint stock company is relatively easy. Therefore, the scope of subjects allowed to join joint stock companies is very wide. Even civil servants have the right to buy shares of joint stock companies. For companies listed on the stock exchange, only joint stock companies have this right.
Procedures for establishing a one-member limited liability company
A type of company with a highly personal character because the owner of the company is also the legal representative or director. So the procedure for setting up a one-member limited liability company is also very simple. A one-member limited liability company has full legal status such as a limited liability company with 2 or more members, or a joint stock company.
Procedures for establishing a 2-member limited liability company
A type of company whose members are organizations or individuals, the number of members is from two or more and does not exceed 50 members. The members are responsible for the debts and other property obligations of the company to the extent of the capital contributed to the company.