How to draw up documents correctly if you work for a share of a startup?

Question

Startups

Interested in a number of issues when working in a startup or a company whose members offer to work for a share.
How to draw up documents correctly if you "enter" the project for a certain share?
What documents should be, what documents all this is regulated by?
How should a startup/company be designed? What documents to ask participants to provide?
Is it possible to work for a share of an individual or individual entrepreneur?
What to do in the case of an international start-up / company and in the case of a company in the Russian Federation?
I did not begin to break the question into secondary ones, since everything as a whole just gives a general picture of the matter.
Even if all the documents are signed between you and the company, how can you find out how much the company actually earned in order to determine its share of the profits?
In fact, paraphrasing, you can ask - how to work honestly and legally, regardless of your status for a certain share of the company and not be deceived and get your share of the income?

Answer 1

Answer 2

Joining the project for a share means that you become the founder of a startup. This should be reflected in the statutory documents and is done with the help of a notary.
As a founder, you are entitled to access to the LLC's financial statements, from where you can see financial performance.
For international startups, the principle is the same - joining the company as a founder through a change in the charter, or through inclusion in the register of shareholders.
But this is in theory, in fact, many startups do not formalize before receiving investments.

Answer 3

I doubt that there can be any guarantees. If you have a contract and you are a founder, but in fact your role is such that you can do without you, then there are 100 ways to scam you. You can register a new LLC and transfer all assets there, and you will remain in an LLC in which nothing belongs.
Look at the personality of the founder and your role in the company. If the founder is some kind of muddy, well, fuck him, no contracts will help.
If your role in the company is not significant, i.e. the company can work fine without you, then you can easily be thrown if you wish. If your role is such that the company will fall apart without you, whether there are new thieves or not, you can’t be thrown away so easily.

Answer 4

About RF
If LLC, then the founders have shares. But when changing shares, it will be necessary to re-register this situation in a complicated way.
If AO - then shares. Shares seem to be easier to change shares. But the promotional system itself is cumbersome for a small startup.
Even if all the documents are signed between you and the company, how can you find out how much the company actually earned in order to determine its share of the profits?
It's a matter of faith.
;)
If the shares are publicly placed (traded on the stock exchange), then the company is obliged to publish reports.

Answer 5

Yes, I was also always interested in the question with the documentation in startups, I think the branch will be very useful. Do you need any documents at all in order to receive dividends from them, but VAT is still removed there)