Can a limited company have no shareholders?

A limited company cannot be without shareholders. The establishment of a limited liability company must comply with the relevant provisions of the company law, in which the number of shareholders should be more than two and not more than fifty. The promoters of the company are shareholders, and the largest shareholder of the company contributes the most. As a shareholder of the company, you can enjoy dividends and other returns by fulfilling your obligations.

1. Can a limited company have no shareholders?

The registration of a limited liability company cannot have shareholders. The establishment of a limited liability company shall meet the following conditions:

1. Shareholders meet the quorum;

2. Shareholders' capital contribution reaches the minimum statutory capital;

3. Shareholders * * * jointly formulate the Articles of Association;

4. Having a company name and establishing an organization meeting the requirements of a limited liability company;

5. Have a company residence. The registered items of a company shall comply with the provisions of laws and administrative regulations. If it does not conform to the provisions of laws and administrative regulations, the company registration authority shall not register it. The establishment of a company shall apply for pre-approval of its name. Where laws, administrative regulations or the State Council decisions stipulate that the establishment of a company must be approved, or the business scope of the company belongs to matters that must be approved before registration according to laws, administrative regulations or the State Council decisions, the company name shall be pre-approved before being submitted for examination and approval, and the company name approved by the company registration authority shall be submitted.

2. What powers does the limited company's shareholders' meeting exercise?

The shareholders' meeting shall exercise the following functions and powers:

1. Decide on the company's business policy and investment plan;

2. Elect and replace directors and decide on their remuneration;

3. Elect and replace supervisors appointed by shareholders' representatives, and decide on the remuneration of supervisors;

4. Review and approve the report of the board of directors;

5. Review and approve the report of the board of supervisors or supervisors;

6. To review and approve the company's annual financial budget and final accounts;

7. Review and approve the profit distribution plan and loss recovery plan of the company;

8. To make resolutions on increasing or decreasing the registered capital of the company;

9. Make resolutions on the issuance of corporate bonds;

10. Make resolutions on the transfer of capital contribution by shareholders to persons other than shareholders;

3. What are the restrictions on the number of board members of a limited company?

A limited liability company shall have a board of directors with three to thirteen members. A limited liability company established by two or more state-owned enterprises or other two or more state-owned investors shall have staff representatives among its board members. The employee representatives in the board of directors are democratically elected by the employees of the company. The board of directors shall have a chairman and may have one or two vice-chairmen. The method for the formation of the chairman and vice chairman shall be stipulated in the articles of association.

To sum up, from the perspective of company structure, limited company is the main type. There are many requirements for the establishment of a limited liability company, with at least two shareholders. If a company is established by one person, such a company is not a limited company. In terms of registered capital, the threshold of a limited company is much lower, at least 30 thousand.