Glossary entry (derived from question below)
Danish term or phrase:
Stifter
English translation:
founder or founding member
Added to glossary by
Christine Andersen
Oct 13, 2014 09:16
9 yrs ago
2 viewers *
Danish term
Stifter
Danish to English
Law/Patents
Law (general)
This is from an extract from Erhvervsstyrelsen. I wonder if this means founder/incorporator and if such founder is a shareholder.
Thanks in advance
Thanks in advance
Proposed translations
(English)
4 +4 | founder or founding member | Christine Andersen |
4 | (company search/BrE) promoter/or; (fig.) architect | Adrian MM. (X) |
Change log
Oct 20, 2014 07:55: Christine Andersen Created KOG entry
Proposed translations
+4
29 mins
Selected
founder or founding member
There may be only one ´stifter´, or later on, when the ´stifter´of a company is mentioned, it IS usually the founder person who started it all.
In practice there may be several, and typically they are shareholders - they form the company by contributing to its capital.
You may be able to see from your document (but probably not, as you are asking) whether they all paid in shares, whether these were equal, or what the arrangement was when they set up the company.
It is quite possible that the person with the original idea or another ´stifter´ contributed with expertise or manpower to work in the company, but not with capital, so you have to get hold of more details somewhere.
Your document may look roughly like this
http://www.rsv.dk/files/manager/certifikater/registrering_er...
Here there are several ´stiftere´, who are not necessarily shareholders.
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Note added at 3 hrs (2014-10-13 12:51:37 GMT)
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An A/S (aktieselskab) is a public limited company, and the ´stifter´ would be the founder, but companies may start in a small way, and become A/S later.
It is not possible to say from the corporate form whether a ´stifter´ actually holds shares, though it is quite likely. (Assuming the person is still alive and still actively involved with the company, which in the case of older companies he may not be.)
In practice there may be several, and typically they are shareholders - they form the company by contributing to its capital.
You may be able to see from your document (but probably not, as you are asking) whether they all paid in shares, whether these were equal, or what the arrangement was when they set up the company.
It is quite possible that the person with the original idea or another ´stifter´ contributed with expertise or manpower to work in the company, but not with capital, so you have to get hold of more details somewhere.
Your document may look roughly like this
http://www.rsv.dk/files/manager/certifikater/registrering_er...
Here there are several ´stiftere´, who are not necessarily shareholders.
--------------------------------------------------
Note added at 3 hrs (2014-10-13 12:51:37 GMT)
--------------------------------------------------
An A/S (aktieselskab) is a public limited company, and the ´stifter´ would be the founder, but companies may start in a small way, and become A/S later.
It is not possible to say from the corporate form whether a ´stifter´ actually holds shares, though it is quite likely. (Assuming the person is still alive and still actively involved with the company, which in the case of older companies he may not be.)
Peer comment(s):
agree |
Thomas T. Frost
2 hrs
|
agree |
Lise Leavitt
:
3 hrs
|
agree |
Sven Petersson
13 hrs
|
agree |
farmor
: Yes!
1 day 3 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Many thanks!"
48 mins
(company search/BrE) promoter/or; (fig.) architect
UK company search: promoter. Bog-standard term in every UK company and business law book.
Asker should be more specific if a coporation, unincorporated partnership (Christine A's answer IMO applies), sole (BrE) trade vs. (AmE) proprietorship.
We shouldn't be expected to guess.
Asker should be more specific if a coporation, unincorporated partnership (Christine A's answer IMO applies), sole (BrE) trade vs. (AmE) proprietorship.
We shouldn't be expected to guess.
Example sentence:
Promoter. A person who devises a plan for a business venture; one who takes the preliminary steps necessary for the formation of a corporation. legal-dictionary.thefreedictionary.com/promoter
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