Provisions on the number of promoters of limited liability companies

The promoters of a limited liability company shall not be less than fifty. A promoter refers to a person who participates in the conclusion of a promoter agreement, applies for the establishment of a company, subscribes for the capital contribution or shares of the company, and is responsible for the establishment of the company. A limited liability company shall be established by capital contribution of less than 50 shareholders.

legal ground

Article 23 of People's Republic of China (PRC) Company Law The establishment of a limited liability company shall meet the following conditions: (1) The number of shareholders shall meet the quorum; (2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association; (3) Shareholders * * * agree to formulate the Articles of Association; (4) Having a company name and establishing an organization meeting the requirements of a limited liability company; (5) Having a company domicile. Article 24 A limited liability company shall be established by capital contribution of shareholders with less than 50 persons.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

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