Question

The company’s nationality is decided by its

• A. Residence of majority shareholders
• B. Registered office
• C. Place at books of accounts are kept
• D. None of the above

Hint:

The registered office is the legal seat of a company and plays a vital role in determining its jurisdiction and nationality.

Answer 1

The Correct Option is B

Step 1: Legal Principle
A company is an artificial legal person, and its nationality is usually determined by the location of its registered office.
Step 2: Evaluate options
- Residence of shareholders: Not a legal basis for company nationality.
- Place where books are kept: Related to accounting, not nationality.
- Registered office: Legally recognized address of the company—used for jurisdiction and legal identification.
Hence, the correct answer is Option B.