Which agency has the highest decision-making authority in a limited liability company with two members?
According to Clause 1 Article 55 of the Enterprise Law 2020 (effective from January 1, 2021) regulating the Members' Council:
The Members' Council is the highest decision-making body of the company, including all individual company members and authorized representatives of organizational company members. The company charter regulates the meetings of the Members' Council, but it must meet at least once a year.
Thus, the Members' Council is the highest decision-making body of a multi-member limited liability company according to the latest regulations.
Respectfully!
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