A Joint Stock Company is also a legally recognized entity. The capital in the company is divided into equal parts called shares, and this company has the ability to raise capital from external sources. Additionally, this company must have at least 3 shareholders contributing capital.
Certainly, you have encountered, read, and viewed company names in English with characters such as Ltd and JSC appended to them.
Abbreviation for English term of a One Member Limited Liability Company - Co Jsc
Ltd is the abbreviation for Limited Liability Company, meaning a Small to Medium-sized Enterprise.
JSC is the abbreviation for Joint Stock Company, meaning a Publicly Traded Corporation.
Therefore, a company registered as Joint Stock Company will be written with the term JSC
For example:
- Education Viet Nam JSC is a joint stock company.
- Hoa Phat Group JSC is also a joint stock company.
Thus, having the abbreviation JSC after the company name indicates it is a joint stock company. With this article, hopefully, you will enhance your understanding of writing company names in English and easily distinguish between joint stock companies and limited liability companies.