Q：
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Is it possible for a company limited to elect a chairman of director? Is there maximum number of directors?
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A：
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A company limited shall elect a director at least to represent the company and execute his/her duties. The maximum number of elected directors is 3 persons.
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Q：
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How to execute the director’s duty in the condition of plural directors?
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A：
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Depending on the resolution of shareholders made by half of them at least.
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Q：
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What is the regulation for director to transfer his/her contribution for a company limited?
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A：
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A shareholder shall not, without the consent of a majority of voting shares of all other shareholders, transfer all or part of his contribution to the capital of the company to another person or persons.
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Q：
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Is it required to inform the debtors upon the change of organization for a company limited?
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A：
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Upon the resolution of change of the organization for a company limited, it is required to inform or announce such fact to each debtor.
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Q：
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What is the minimum number of shareholders for a company limited?
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A：
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A company limited shall be consisted by one shareholder at least.
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FAQ
