Age limit for shareholders

Legal analysis: According to the relevant laws and regulations on shareholders in China, generally speaking, there is no age limit for shareholders. Minors or persons without civil capacity as shareholders must obtain the consent of their guardians before they can become relevant shareholders of the company. China's Civil Code clearly stipulates the capacity of citizens, including company shareholders. Minors must obtain the consent of their guardians when exercising their rights and undertaking obligations. In this sense, it is meaningless to discuss the actual age of minors. Moreover, China's company law has no restrictive provisions on whether minors can become shareholders of the company. Therefore, minors can become shareholders of the company, and their shareholder rights can be exercised by legal agents. Shareholders' qualification is based on their capacity for civil rights, and the lack or restriction of capacity for civil conduct does not affect the acquisition of shareholders' qualification. However, according to the relevant provisions of the General Principles of Civil Law on guardianship, it should not be possible to invest in shares with the property of a person without civil capacity or a person with limited civil capacity, but it should be possible to obtain shares because of inheritance or free gift and other acts that do not involve the disposal of the property of a person without civil capacity.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 17 A natural person who has reached the age of 18 is an adult. A natural person under the age of eighteen is a minor.

Article 18 adult are persons with full capacity for civil conduct and can independently carry out civil juristic act.

/kloc-Minors over 0/6 years old whose main source of livelihood is their own labor income are regarded as persons with full capacity for civil conduct.

Nineteenth minors over the age of eight are persons with limited capacity for civil conduct, and they are represented by their legal representatives or approved and ratified by their legal representatives; However, civil legal acts that are purely beneficial or suitable for their age and intelligence can be implemented independently.

Article 20 Minors under the age of eight are persons without capacity for civil conduct, and their legal representatives shall act as agents to carry out civil legal acts.

Article 21 An adult who cannot identify his own behavior is a person without capacity for civil conduct, and his legal representative shall act as his agent to carry out civil legal acts.

The provisions of the preceding paragraph shall apply to minors over the age of eight who cannot recognize their own behavior.

Article 22 An adult who cannot fully recognize his own behavior is a person with limited capacity for civil conduct. When performing a civil juristic act, he shall be represented by his legal representative or approved and ratified by his legal representative. However, civil legal acts that are purely beneficial or suitable for their intellectual and mental health can be implemented independently.

Article 23 The guardian of a person without or with limited capacity for civil conduct is his legal representative.