Can a legal person not be a shareholder of the company?

Legal analysis: a legal person cannot be a shareholder. The legal person is the chairman, executive director or manager of the company. There are employee representative directors and shareholder directors among the directors. The manager is not necessarily a shareholder of the company, so the legal representative of the company is not necessarily a shareholder.

Legal basis:

Company Law of the People's Republic of China

Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys legal person property rights. The company is liable for its debts with all its property.

Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.

Article 129 The shares issued by a company may be registered shares or bearer shares. The shares issued by the company to the promoters and legal persons are registered shares, and the names of the promoters and legal persons shall be recorded, and no account name or representative name shall be established.