Azerbaijan, Moldova In Memo On Cooperation In The Field Of Patent

corporate lawDanilo Nogueira focuses on accounting, administration, taxation and company law. A shareholder that belongs to the same economic group of the company may be held accountable for labour credits of the company’s staff. In some particular industry sectors (such as broadcast and newspaper media), there are legal guidelines prohibiting the acquisition by overseas shareholders of shares above a sure threshold.

In Germany, companies have two tiers, so that shareholders (and workers) elect a “supervisory board”, and then the supervisory board chooses the “administration board”. Voting rights may be exercised by a proxy offered to a different shareholder, a member of a management body or lawyer, and, in listed companies, additionally by a financial institution.

The primary agent who deals with the corporate’s administration and enterprise is the board of administrators , but in lots of jurisdictions other officers may be appointed too. As mentioned in question 2.2 above, shareholders should exercise their voting rights within the company’s best interest.

The duty to tell requires officers and directors of listed firms to reveal particulars about fairness interests held in the company and affiliates, and remuneration and fringe benefits to which they’re entitled. Shareholders holding a minimum of 5{f9cd19c3b9087042a1b5564a2cbc090bb84401abd1f436a12b71179ba0b95c01} of the voting shares or 5{f9cd19c3b9087042a1b5564a2cbc090bb84401abd1f436a12b71179ba0b95c01} of the non-voting shares may also compel the management bodies to name a shareholder meeting for the installation of the overseeing committee.