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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Scope of financial accounting
Are the directors often the shareholders of the company ? If so , only the executive directors can be the shareholders or non executive too ?
one of the disadvantages of trading as a limited liability company is- its hard to reduce the share capital of a company ( concerning law) why so ?
Directors often do hold shares in the company. Both executive and non-executive can hold shares.
There are laws relating to repaying share capital in a limited company – these do not apply to sole traders.
Both of these questions are more relevant for Paper F4 than Paper F3.