Encyclopedia
Participant of a commercial company or partnership
A participant in a limited liability company or a partnership — the Russian Federation, subjects of the Russian Federation, municipal formations, public or religious organizations (associations), charitable and other funds (excluding investment funds) hold collectively no more than twenty-five percent of shares in the charter capital of a limited liability company or the contributed capital of a partnership, or no more than twenty-five percent of voting shares in a joint-stock company, while participants in a limited liability company or a partnership — foreign legal entities and (or) legal entities that are not subjects of small and medium-sized entrepreneurship hold collectively no more than forty-nine percent of shares in the charter capital of a limited liability company or the contributed capital of a partnership, or no more than forty-nine percent of voting shares in a joint-stock company1.
Federal Law No. 209-FZ of 2007 "On the Development of Small and Medium-Sized Entrepreneurship in the Russian Federation", as amended on April 12, 2020, Article 4, subpara. a // Official Gazette of the Russian Federation. 2007. No. 31. P. 4006. ↩