Can 3 People Establish a Joint Stock Company?
According to the Law on Enterprises 2014, several definitions are specified as follows:
Charter capital is the total nominal value of shares that have been sold or registered for purchase at the time of the company's establishment in the case of a joint-stock company.
The charter capital is divided into equal parts called shares.
A shareholder is an individual or organization that owns at least one share in a joint-stock company.
Additionally, in point b, clause 1, Article 110 of this Law, it is stipulated:
A shareholder can be an organization or an individual; the minimum number of shareholders is 03 and there is no limitation on the maximum number.
Based on the above grounds, a joint-stock company must have at least 03 shareholders to be established, and there is no limit on the maximum number. Therefore, you can establish a joint-stock company.
Respectfully!
