There are many companies that have shareholders under nominee accounts / that does not imply corruptness.
maybe greater transparancy and flexibility is sought by China in having a SA.
A - Societé Anonyme
An SA is normally used by businesses that want to go public on disallowed or have lots of shareholders as there is no maximum amount of shareholders with this type of business structure. An SA is designed to help fundraising by encouraging new investors to contribute to the share capital. So any businesses with strong potential for expansion, investment and profit are likely to go for this structure.
https://www.eurostartentreprises.co...rl-sas-sa-eurl-micro-entreprises#.XeW2XJMzbIV
ALL IMO
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- Ann: Notice of General Meeting/Proxy Form
Ann: Notice of General Meeting/Proxy Form, page-41
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