Max number of members (current) in a private company?

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Multiple Choice

Max number of members (current) in a private company?

Explanation:
Private companies are kept small by rule: they can have only a limited number of current members. In Hong Kong, a private company limited by shares may have no more than fifty members registered as members at any time. This count is about who actually holds shares and is listed on the company’s member register. If the number of members were to exceed fifty, the company would lose private status and shift to public-company rules. So the maximum current number of members is fifty. Other numbers would violate this limit for private companies.

Private companies are kept small by rule: they can have only a limited number of current members. In Hong Kong, a private company limited by shares may have no more than fifty members registered as members at any time. This count is about who actually holds shares and is listed on the company’s member register. If the number of members were to exceed fifty, the company would lose private status and shift to public-company rules. So the maximum current number of members is fifty. Other numbers would violate this limit for private companies.

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