Shareholding in a people's enterprise
The shareholding of a workers' enterprise should be equal to the proportion of labor payment in the total amount of wages paid to employees during the twelve months preceding the establishment of the workers' enterprise. The agreement on the creation of a workers' enterprise may provide for another method of determining the shareholding of the workers' enterprise in the total number of shares, which may be held by an employee of the commercial organization being transformed at the time of its creation1.
Federal Law No. 115-FZ dated July 19, 1998 "On the Specifics of the Legal Status of Worker-Owned Joint Stock Companies (People's Enterprises)", as amended on July 19, 1998, Article 4, paragraph 3 // Official Gazette of the Russian Federation. 1998. No. 30. Article 3611. ↩