How many shareholders can a joint stock limited company have?

The number of shareholders of a joint stock limited company shall 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.

The procedures for applying for the establishment of a joint stock limited company are as follows:

1. A joint stock limited company shall have more than five promoters, more than half of whom shall have their domicile in China;

2. When a state-owned enterprise is transformed into a joint stock limited company, the number of promoters may be less than five, but it shall be established by way of offering;

3. The minimum registered capital of a joint stock limited company is100000 yuan;

4. Having a fixed production and business operation place and necessary production and business operation conditions;

5. Approved by the department authorized by the State Council or the provincial people's government.

Legal basis: Article 76 of the Company Law of People's Republic of China (PRC).

The establishment of a joint stock limited company shall meet the following conditions:

(1) The promoters meet the quorum;

(2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association;

(3) The issuance and offering of shares comply with the law;

(4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting;

(5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company;

(6) Having a company domicile.

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.