Does a company setting up in the Hainan FTP have to set up a board of supervisors?

Does a company setting up in the Hainan FTP have to set up a board of supervisors?

Not necessarily. A limited liability company with a small number of shareholders or a small scale may have one or two supervisors and no board of supervisors. A joint-stock limited company must have a board of supervisors.

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Related article: Hainan FTP Q&A

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