Which type of company has between two to fifty shareholders ?
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When two directors mutually decide to close down their company, and are 50/50 shareholders, it can be pretty straightforward. A Members' Voluntary Liquidation (MVL) allows a solvent company to be closed down, with the assets of the company being distributed to the shareholders.A majority shareholder is a person or entity that owns and controls more than 50% of a company's outstanding shares. ... Voting shares give a shareholder permission to vote on different corporate decisions, such as who should be on the company's board of directors.
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Which type of company has between two to fifty shareholders ?
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