(quoted from JETRO website)

Difference between joint stock corporation and limited liability company

1. Relation between representative of corporation and Investor

A joint stock corporation
Representative of corporation is not investor.

B limited liability company
Investor represents corporation.

2. Transfer of the right to invest

A joint stock corporation
Free

B limited liability company
Other employees agreement required

3.Actual expenses amount

A joint stock corporation
JPY 200,000

B limited liability company
JPY 60,000