How many shareholders are there in a joint stock limited company?

Legal Analysis: According to the laws of China, the number of shareholders of a joint stock limited company is required to be more than two and less than two hundred. And they all need to have corresponding capacity for civil conduct and capital contribution, and more than half of the promoters and shareholders need to have residence in China. The shares of the promoters need to undertake the preparation of the company.

legal ground

Article 83 of the Company Law of People's Republic of China (PRC) Where a joint stock limited company is established by way of sponsorship, the promoters shall subscribe for the shares specified in the articles of association in full in writing and pay the capital contribution in accordance with the provisions of the articles of association. Where non-monetary property is used as capital contribution, the formalities for the transfer of property rights shall be handled according to law. If the promoters fail to make capital contributions in accordance with the provisions of the preceding paragraph, they shall be liable for breach of contract in accordance with the promoters' agreement. After the promoters have fully subscribed the capital contribution stipulated in the articles of association, they shall elect the board of directors and the board of supervisors, and the board of directors shall submit other documents stipulated in the articles of association and laws and administrative regulations to the company registration authority to apply for establishment registration.

Article 78 To establish a joint stock limited company, there shall be two or more promoters, more than half of whom shall have their domicile in China.

Article 79 The promoters of a joint stock limited company shall undertake the preparatory work of the company. The promoters shall sign a promoter agreement to clarify their respective rights and obligations during the establishment of the company.