ComCom - short Definition

Common company is any company owned by more than one shareholders, where

  • its shares are divided into 2 portions: the Private and the Common, of which proportions are set only once;
  • each of its shareholders can not own shares in its both portions, hence the shareholder is either a Common or a Private shareholder, respectively to the portion;
  • at least one common shareholder owns one share, otherwise the company is private; and
  • each of the common shareholders has equal number of shares and is either a person or a common company.

@bring back@

By namzezamnamzezam, on 06 Nov 2007 23:39 history Tags:


~~Page's End!~~ Ignore ads by installing ublock.

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-NonCommercial 3.0 License