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DWQA QuestionsCategory: Investing and business formationIs there a minimum amount of shares somebody can have?
Profile photo of SelamSelam Staff asked 4 years ago

XXX Investments (foreign investor) will have the majority of the shares (probably the maximum of 99%). YYY (Ethiopian company/branch) will serve as the ‘straw man’ (1% of the shares or less).  Is 99% the maximum amount of shares XXX Investments can have? Or could it e.g. be 99,9%?
Thanks,
 
Becx

1 Answers
Profile photo of SelamSelam Staff answered 3 years ago

Dear Mr Becx,
There is no legal minimum of shareholding. So legally it is possible that one shareholder holds 99.9% of the shares and another shareholder own the remaining.
Best!