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What does the ultimate beneficiary of the company mean?
Legal analysis: Generally speaking, the ultimate beneficiary of a company generally refers to shareholders. According to the actual controller traced back by the controlling shareholder, most companies will be the ultimate beneficiaries. Whether it is an associated shareholder, an agent shareholder or an invisible shareholder, the most important thing is to find out who is the ultimate beneficiary, and the ultimate beneficiary should bear the shareholder responsibility.
Legal basis: People's Republic of China (PRC) Company Law.
Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys legal person property rights. The company is liable for its debts with all its property.
Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.
Article 4 Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.
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