Q:
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Is there a prescribed number of shareholders for the company limited by shares?
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A:
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The company limited by shares could be established by more than two shareholders or a legal person shareholder.
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Q:
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Is there a prescribed number of directors for the company limited by shares?
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A:
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The company limited by shares should have at least one director, if the company has a board of directors, the number of directors shall not less than 3 persons.
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Q:
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Could the directors of the company limited by shares receive a remuneration?
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A:
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Yes, the amount of remuneration could be determined by the articles of association of the company or the resolution of the general meetings.
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Q:
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Could the remuneration of directors being paid in stocks?
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A:
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According to the regulations of the Taiwan Company Act, the remuneration of the directors and supervisors of the company limited by shares could only be paid in cash.
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Q:
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If the shareholder of the company limited by shares is a legal person, could the company choose not to set the supervisor?
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A:
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According to the regulations of the Taiwan Company Act, if the shareholder of the company limited by shares is the government or a legal person, there is no need to set the supervisor.
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