There is a statutory minimum requirement of 1 shareholder, and no maximum number.
How much is the maximum number of stockholders of the corporation?
Only 1 shareholder is mandatory and there is no maximum of shareholders. The executive board may consist of minimum 1 person and there is no maximum. A public limited company needs to have either a board of directors or a supervisory board. In both cases, the board must consist of at least 3 members.
Because they are intended primarily for family-owned and other small businesses, S corporations are limited to no more than 100 investors (shareholders). When the number of shareholders in an S corporation exceeds the maximum allowed by law, the business must file and pay taxes as a C corporation.
All U.S. citizens and U.S. residents can be shareholders of an S corporation. S corporations can have a maximum of 100 shareholders. Most entities, including business trusts, partnerships, and corporations are prohibited from holding stock in S corporations.
An S corporation can have no more than 75 shareholders. Limited liability companies are allowed an unlimited number of owners (members). S corporations cannot have non-U.S. citizens as shareholders whereas a limited liability company can.
Number of Members: A private limited company should be formed with minimum 2 members. The maximum number of members of private company is 200. So, in other words, maximum number of shareholder is two hundred. Share Transferability: As per the companies act, share of the private companies cannot be transferred.
What is the minimum and maximum number of directors that can be on the board of a public company?
Minimum and Maximum number of directors in a company
The law requires that every company must have at least 3 directors in case of public limited companies, minimum 2 directors in case of private limited companies and a minimum 1 director in case of one-person companies. A company can have a maximum of 15 directors.
A public limited company has a minimum number of seven shareholders or members and a limitless number of members. It can have as many shareholders as its share capital can accommodate.