|
Q：
|
When a company issues new shares, must it reserve a quota for employee stock subscriptions?
|
|
A：
|
The amount reserved for employees to subscribe for new shares is a mandatory requirement. Therefore, when a company issues new shares, it must reserve 10 to 15 percent for employees to subscribe in accordance with the regulations. If the reserved amount exceeds or is less than this, it is a violation of the Company Law.
|
|
Q：
|
If a company is to be dissolved, what kind of meeting resolution should be passed and what is the method of resolution?
|
|
A：
|
A joint stock limited company must pass a special resolution by shareholders meeting (represented by shareholders representing more than two-thirds of the total number of issued shares and approved by more than half of the voting rights of shareholders present).
|
|
Q：
|
If a company wants to amend its articles of association, what kind of meeting resolution should be made and what is the method of resolution?
|
|
A：
|
To amend the company's articles of association, it must be approved by a shareholders' meeting in the form of a special resolution (with the attendance of shareholders representing more than two-thirds of the total number of issued shares and the consent of more than half of the voting rights of the shareholders present).
|
|
Q：
|
Should a manager’s resignation from the company only take effect with the consent of more than half of the directors?
|
|
A：
|
The relationship between the manager and the company is a commission relationship under civil law. Either party may terminate the commission contract any time. Therefore, a manager’s resignation becomes effective once his intention reaches the company and does not require the consent of more than half of the directors.
|
|
Q：
|
What are the registration requirements for adding a new store location and for registering a business office or contact point separate from the company's registered address?
|
|
A：
|
There is no prohibition under the current laws on adding stores, supply stations and other institutions under the company name to promote business. If such business units are extremely small and do not meet the requirements for establishing a company, there is no need to register with the company.
|
FAQ
