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For limited liability companies, what are the legal requirements for annual general meetings (AGM)?
Q&ARequirements for an annual general meeting include:
- Shareholders who are unable to physically attend any annual general meetings may appoint any natural person as their proxy, with a minimum of two shareholders or authorized representatives at each meeting in case of a privately held company.
- AGMS should be held at the registered office of the company or in the city of the registered office, unless otherwise specified by the articles of the company.
- In most cases, shareholders should receive notification of the agenda of a meeting from the board of directors at least 21 days prior to the meeting.
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