Shareholders are the owners of the company and enjoy certain rights and undertake certain obligations within the company.
The following are some common rights and obligations of shareholders:
Rights:
1. Profit distribution right: shareholders have the right to obtain the distribution of the company's operating profits.
2. Voting right: Shareholders have the right to participate in major decisions of the company and decide the direction and strategy of the company by voting.
3. Right to know: Shareholders have the right to know important information such as the company's financial status and operating conditions.
4. Pre-emptive right: When the company increases capital or issues new shares, shareholders have the right to pre-empt the subscription of new shares.
5. Transfer right: Shareholders have the right to transfer their shares to others.
Obligation:
1. Capital contribution: Shareholders are obliged to pay their subscribed shares as agreed.
2. Abide by the Articles of Association: Shareholders shall abide by the Articles of Association and rules and regulations of the company and shall not violate the interests of the company.
3. Obligation of confidentiality: Shareholders should keep the business secrets and confidential information of the company.
4. No abuse of rights: shareholders shall not abuse their rights to harm the interests of the company and other shareholders.
5. Pay attention to the company: shareholders have the obligation to pay attention to the company's operating conditions and development direction, and keep abreast of the company's major decisions and information.
It should be noted that the specific rights and obligations may be different due to factors such as company type and articles of association. Therefore, before becoming a shareholder, it is recommended to read the articles of association and relevant laws and regulations carefully to understand your rights and obligations.
To sum up:
As the owner of the company, shareholders enjoy the rights of profit distribution, voting rights, the right to know and so on, and at the same time bear the obligation to pay capital stock and abide by the articles of association. Understanding these rights and obligations will help shareholders to better participate in the operation and development of the company.