A natural person shareholder is a specific person who enjoys and directly exercises shareholders' rights and undertakes obligations, such as attending shareholders' meetings, consulting financial and accounting materials and receiving dividends. Corporate shareholders is an organization. As an abstract entity drawn up according to law, its rights and obligations need to be fulfilled through the actions of specific people. By sending shareholders' representatives to complete it on its behalf, the consequences will be borne by the organization. Therefore, the main difference lies only in the way of exercising rights and obligations. There is no difference in essence between rights and obligations.
Shareholders' rights:
(I) Shareholders' Identity Right The Company Law of People's Republic of China (PRC) stipulates that after the establishment of a limited liability company, a capital contribution certificate shall be issued to shareholders; A limited liability company shall keep a register of shareholders.
(II) Right to Participate in Decision-making According to the Company Law, the shareholders' meeting of a joint stock limited company is composed of all shareholders. The shareholders' meeting is the authority of the company. When attending the general meeting of shareholders, each share held by shareholders has one vote. The resolution of the shareholders' meeting must be passed by more than half of the voting rights held by the shareholders present at the meeting. However, the shareholders' meeting makes resolutions to amend the Articles of Association, increase or decrease the registered capital, merge, split, dissolve or change the company form.
(III) Right to select, appoint and supervise management personnel The Company Law stipulates that the cumulative voting system may be adopted for the election of directors and supervisors at the shareholders' meeting according to the provisions of the articles of association or the resolutions of the shareholders' meeting.
(IV) Right to return on assets: According to the Company Law, when distributing the after-tax profits of the current year, the company shall withdraw 10% of the profits, and 5% to 10% of the profits shall be included in the company's statutory public welfare fund. If the cumulative amount of the company's statutory public welfare fund is more than 50% of the company's registered capital, it may not be withdrawn. If the statutory public welfare fund of the company is insufficient to make up for the company's losses in the previous year, the profits of the current year shall be used to make up for the losses before the statutory reserve fund and statutory public welfare fund are withdrawn in accordance with the provisions of the preceding paragraph. After the company withdraws the statutory reserve fund from the after-tax profits, it may withdraw any reserve fund upon the resolution of the shareholders' meeting. The remaining profits of the company after making up the losses and withdrawing the provident fund and statutory public welfare fund shall be distributed by the limited liability company according to the proportion of shareholders' investment, and by the joint stock limited company according to the proportion of shareholders' shares.
(V) Withdrawal of shares: The Company Law stipulates that under any of the following circumstances, the company may be requested to purchase its shares: the company has not distributed profits to shareholders for five consecutive years, but the company has made profits for five consecutive years and meets the conditions for distributing profits stipulated in the Company Law; The merger, division or transfer of the company's main property; Other dissolution occurs after the expiration of the business term stipulated in the company's articles of association, and the shareholders' meeting adopts a resolution to amend the articles of association to make the company survive.
(VI) Right to Know The Company Law stipulates that shareholders have the right to consult the company's articles of association, shareholders' register, corporate bond stubs, minutes of shareholders' general meetings, resolutions of board meetings, resolutions of board meetings and financial and accounting reports, and make suggestions or questions on the company's operation. If the Board of Supervisors fails to convene and preside over the meeting, shareholders who have held more than 0/0% of the shares of the company/KLOC-0 for more than 90 consecutive days may convene and preside over the meeting by themselves.