Must a limited company be a shareholder?

Legal analysis: The legal representative may or may not be a shareholder. The legal representative shall be decided by the shareholders (or shareholders' meeting). The legal representative is the highest administrative person in charge of the company, and exercises his functions and powers according to the authority granted by the articles of association. The legal representative shall be responsible for the shareholders (or shareholders' meeting) and enjoy the rights. Therefore, the legal representative of non-shareholders should sign an employment contract with shareholders (shareholders' meeting) to clarify the rights and obligations of both parties. If you don't sign the employment contract, the risk is great. A company can only have one legal representative, but a legal person can be a legal person of multiple companies at the same time.

Legal basis: Article 13 of the Company Law of People's Republic of China (PRC), the legal representative of the company shall be the chairman, executive director or manager as stipulated in the articles of association, and shall be registered according to law. Where the legal representative of the company changes, it shall go through the registration of change.