Limited company shareholders' capital reduction and withdrawal process

Legal analysis: 1. Withdrawal of shares by shareholders of a limited company by capital reduction (1) Withdrawal of shares by means of equity transfer, including internal transfer, external transfer and transfer according to the articles of association.

Legal basis: The shareholders of a limited liability company can transfer all or part of their shares to each other in the first paragraph of Article 71 of the Company Law of People's Republic of China (PRC). When shareholders transfer shares to each other, no new shareholders will join, but the proportion of shareholders' shares will change. Therefore, this way of equity transfer will not destroy the humanity of the limited company, as long as both parties reach an agreement. There are not too many restrictions in this way, which is the most harmonious way for shareholders to withdraw from the company.