Q:A Taiwan limited company has only one shareholder. If this shareholder dies, what will happen to his original capital contribution?
| Jingle Global Enterprise Insights
A:1. For a company with one shareholder, if the shareholder is a natural person, he must be the person in charge of the company. If this shareholder dies, there will be no other shareholders, so it is impossible to appoint another person in charge to handle the change registration. He must The heir must first complete the relevant inheritance registration procedures. After his heir inherits the shareholder's capital contribution, he must go to the registration authority to register changes in the person in charge and the company's articles of association.
2. If the heir wants to transfer the inherited capital contribution to others, he must also handle the registration of change in capital contribution transfer.
3. If you no longer operate the company, you must apply for dissolution registration.
(Company Law § 108, Ministry of Economic Affairs Economic and Commercial Affairs No. 09002284740 on January 24, 2001, Economic and Commercial Affairs Office of the Ministry of Economic Affairs and Trade No. 10002408510 on April 22, 2010, Economic and Commercial Affairs Ministry of Economic Affairs and Trade No. 10102427310 on July 30, 2010)
2. If the heir wants to transfer the inherited capital contribution to others, he must also handle the registration of change in capital contribution transfer.
3. If you no longer operate the company, you must apply for dissolution registration.
(Company Law § 108, Ministry of Economic Affairs Economic and Commercial Affairs No. 09002284740 on January 24, 2001, Economic and Commercial Affairs Office of the Ministry of Economic Affairs and Trade No. 10002408510 on April 22, 2010, Economic and Commercial Affairs Ministry of Economic Affairs and Trade No. 10102427310 on July 30, 2010)
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