Shareholders are the owners of a limited liability company. They have rights such as voting at general meetings, receiving dividends, and claiming a share of assets if the company is liquidated.

Example/Scenario: If a software company has 1million shares issued and an individual owns 100,000 of them, that person holds a 10% ownership stake in the company as a shareholder. Shareholders can influence company decisions through their votes at annual general meetings.

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