What is a Shareholder?
Shareholders are people or companies which own all or part of a Company. The minimum number of shareholders is one, the maximum number of shareholders in a private company is fifty. Shares may be held jointly by two or more people. Collectively the Shareholders of a Company own that Company entirely…
Shareholder’s Rights
Shareholders’ (also referred to as members) rights increase and decrease according to the percentage of the Company which they own. In the great majority of Limited Companies, a shareholding in excess of 50% of the issued share capital will be enough to control the company, dictate the makeup of the Board of Directors and to be able to do most of the acts necessary to run the company in its everyday business…
Share Transfers in Private Companies
If a shareholder wishes to sell any of their shares then a share transfer must take place resulting in the registration of those shares in the name of another person or company on the company books.
