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How to register a company and retain power?
In what form should the company be registered (JSC, CJSC, Partnership) in order to have greater influence among other co-founders (having the same shares). We decided to legalize our business and formalize the company, I wonder how you can take control if there are three co-founders? Is there any way to legally do this? Any suggestions
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The “authority” in the gang has “influence”, and in LLC the co-owners have shares in the authorized capital, with which they vote on key issues at the meeting, and all minor operational issues are decided by the directors appointed by the company (the issues of appointing directors are also necessarily resolved during vote).
Federal Law "On Limited Liability Companies"
I advise you to put emotions aside and ask yourself why exactly this influence is needed. Profit, as far as you explained, will be divided in equal shares. Apparently the pay is the same. If you cannot do something of your own within this legal entity, open your own.
You can agree with the co-founders that you will be a director, or you can assume other key functions of the company, and fix this with orders.
But, of course, it is necessary to distinguish between formal and real management. The operation of the company is influenced mainly by decisions about what you all will do, and if your co-founders strongly dislike clients / projects (and other decisions), their right to re-elect the director.
And in general, by such a formulation of the question, you set up the majority against yourself. Do not forget that in this case you are a minority shareholder.
Governs the society the one who has 50% plus one vote. There are no other options. Becoming a director without a majority of votes is of little use, because at any time the director can be re-elected. Well, some legal subtleties, this is already within the framework of a separate consultation.
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