If the shareholder is a company, then the company must also give its details (company name, registered office, share capital, company register number). There must be documented proof that the representative is acting on behalf of the company and has legal authority to do so.
Shareholders of limited liability companies have the following rights:
Shareholders of limited liability companies have the following obligations:
Directors can distribute interim dividends based on management accounts drawn up internally by company accountants.
Final dividends will be distributed after the company's financial statements have been completed and approved by shareholders.
The shareholders are members of the general meeting. They will decide on all matters for which they are legally competent or as set out in the company’s Articles of Association. They can also make management decisions, if deemed necessary.
Private limited companies are managed and run by one or more managers/directors, while public limited companies are managed and run by two or more managers/directors. They must be named in the articles of association or appointed (and dismissed) later by shareholder resolution.