Delaware(USA)

Delaware corporations can be formed with just one shareholder. This means that a single individual or entity can own all the shares of a Delaware corporation.

In Delaware, the management board of a corporation is typically referred to as the "Board of Directors".

The Board of Directors is responsible for overseeing the affairs of the corporation and making strategic decisions. It typically consists of individuals elected by the shareholders of the corporation. The board may include both executive directors, who are involved in the day-to-day management of the company, and non-executive directors, who provide independent oversight and strategic guidance.

Delaware law does not prescribe a minimum or maximum number of directors for a corporation. The number of directors is typically determined by the corporation's bylaws or articles of incorporation. However, Delaware corporations often have a minimum of one director.

Delaware corporations are generally required to hold an annual meeting of shareholders at least once a year. The Delaware General Corporation Law (DGCL) requires corporations to hold an annual meeting for the election of directors and the transaction of any other business that may properly come before the meeting.

Limited to the authorised capital.