1. Shareholders need to bear the debts of the company. However, there is a limit to responsibility:
(1) The shareholders of a limited liability company are liable to the company to the extent of their subscribed capital contribution;
(2) Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.
2. Legal basis: Article 3 of People's Republic of China (PRC) Company Law.
Company definition and shareholder liability 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 4
Shareholders' Rights Shareholders of a company shall enjoy the right to return on assets, participate in major decision-making and choose managers according to law.
Article 5
Company obligations and protection of rights and interests A company engaged in business activities must abide by laws and administrative regulations, social morality and business ethics, be honest and trustworthy, accept the supervision of the government and the public, and assume social responsibilities.
The legitimate rights and interests of the company are protected by law and shall not be infringed.
2. What are the obligations of shareholders?
The obligations that shareholders need to undertake mainly include:
1, invest in full and on time, and may not withdraw the investment;
2. Abide by laws, regulations and articles of association;
3. Do not abuse the rights of shareholders to harm the interests of the company or other shareholders;
4. Do not abuse the company status and limited liability to harm the interests of creditors.