Several shareholders – one common interest

JadeBay GmbH Development Company consists of four founding shareholders, namely the City of Wilhelmshaven and the administrative districts of Friesland, Wesermarsch and Wittmund. Each shareholder holds a 25-percent share in the original capital invested in the company and each partner has equal voting rights.

Other private enterprises based in the region can become shareholders in the company too. Each private enterprise is able to acquire one share, which includes the corresponding right to vote. However, the founding shareholders will continue to retain the absolute majority of voting rights in the company in future, as economic development is a public responsibility and is financed almost exclusively by public funding.

Company invoices for services rendered to the customer include value added tax. This means that our customers benefit from their full entitlement to deduct prepaid value-added-tax.