Maximum number of shareholders of a joint stock limited company

The maximum number of shareholders of a joint stock limited company depends on whether it is listed or not. There is no upper limit on the number of shareholders for a listed company limited by shares, and the number of shareholders for a non-listed company limited by shares shall not exceed 200 when it is established. Because a joint-stock company with more than 200 shareholders is a public company, it must be approved by the the State Council Securities Regulatory Authority or the department authorized by the State Council. Joint-stock enterprise refers to a form of enterprise organization in which three or more stakeholders (at least three) voluntarily combine in the form of joint-stock operation.

Shareholders, that is, investors or investors of joint-stock companies, as investors, enjoy the rights of owners to share benefits, make major decisions and choose managers according to the amount of investment (unless otherwise agreed by shareholders).

The word "Dong" among shareholders originally means "owner". Shareholders, that is, the owners of shares, are simply understood as "bosses".

The main rights of shareholders are: to attend the shareholders' meeting and have the right to vote on major issues of the company; The voting rights of directors and supervisors of the company; Distribute the company's profits and enjoy the right to share dividends; Issuing stock creditor's rights; The right to request the transfer of shares; The right to claim bearer shares instead of registered shares; The right to dispose of the remaining property when the company fails to operate, declares closure and goes bankrupt. The size of shareholders' rights depends on the type and quantity of shares held by shareholders.

The obligations of shareholders are as follows:

1. Abide by laws, administrative regulations and the Articles of Association;

2. Pay the capital contribution in full and on time, and may not withdraw the capital contribution;

3. Do not abuse the rights of shareholders to harm the interests of the company or other shareholders; Should be liable for compensation according to law;

4. Do not abuse the company's independent legal person status and the limited liability of shareholders to harm the interests of the company's creditors. Shareholders of a company who abuse the independent status of a company as a legal person and the limited liability of shareholders to evade debts and seriously damage the interests of creditors of the company shall be jointly and severally liable for the debts of the company.

legal ground

Company Law of the People's Republic of China

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.