THE LIMITED LIABILITY COMPANY VS. THE JOINT STOCK COMPANY. SWOT ANALYSIS
THE LIMITED LIABILITY COMPANY VS. THE JOINT STOCK COMPANY. SWOT ANALYSIS

Summary/Abstract: The limited liability company together with the joint-stock company are the most frequentorganization forms of the Romanian business environment. There are differences between the way ofincorporation, both at the level of the share capital as well as at that of the minimum number ofpersons required for the set up of the respective companies. According to the field of activity, acompany of this type is preferred to the prejudice of the other. With this scientific approach we triedto introduce, in a SWOT analysis, their joint elements as well as those which are specific for thesetrading companies especially because a similar different organization way is present also in otherstates of the European Union. We will not say which of these organization ways of the tradingcompanies is better or more permissive from the legislation standpoint but, we will introduce a pointof view and, maybe, recommendations for the persons who read this scientific approach and wish tostart a business in the future and do not know under which legal form their trading company shouldoperate. Let us not forget the fact that the Romanian legislation allows for the set up of limitedpartnerships and partnerships limited by shares, but such forms will make the object of anotherscientific approach.

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