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Frequently Asked Questions for Deed Tax Law

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Q:
Can shareholders of a limited company transfer equity freely?
A:
Yes, shareholders of a limited company can freely transfer their equity in accordance with the Company Act.

Q:
How to obtain shareholder qualification of a limited company?
A:
Shareholder qualification can be obtained in the following ways:

  • Contributing capital to establish a limited company;

  • Acquisition of transferee shares;

  • Obtained in accordance with the agreement after accepting the pledge;

  • Obtained by succession;

  • Accepted the gift;

  • Obtained of creditor’s right by Court Compulsory Enforcement, etc.

Q:
Does shareholder of a limited company have voting rights?
A:
In principle, every shareholder of a limited company has a voting right regardless of the amount of capital contributed. If the company has any requirement, the company’s Articles of Association may stipulate the voting rights are distributed in proportion to the amount of capital contributed.

Q:
Does a limited company have shares?
A:
No. Only the company limited by shares will give shareholders shares.

Q:
Does a limited company require a supervisor?
A: No. The supervisor is only applicable to the organizational type of a company limited by shares.

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