Lawyers from Shanghai Nuo Di Law Firm discuss how to use control to avoid losing control of the company
2018-09-30 1702
1. Take the majority of seats;
2. Director's right of nomination (written into the Articles of Association);
3. If the ownership is reduced, the control shall be increased;
4. Pay attention to equity structure design and class share design;
5. Control the Board of Directors if cannot control the Board of Shareholders;
6. Add outside directors, design naming rights or introduce new investors;
7. If the Board of Directors cannot be controlled, the veto shall be used;
8. Without the veto, use the option design;
9. Design good equity structure;
10. The shareholding structure is simple and clear;
11. There is a core shareholder (the big brother);
12. Complementary shareholder resources.
