Transfering the common shares to the co-founder.

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Question: If I add a co-founder or an advisor and share options, how procedure I need to do?

Answer: According to paragraph 5 of Article 84 of the Law on Enterprises “Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfer their common shares for non-founding shareholders if approved by the General Assembly of Shareholders.

During this case, the shareholder intends to transfer shares without voting rights on the transfer of such shares and the transferee shall automatically become a founding shareholder of the company. ”

Therefore, if you want to add a co-founder, a shareholder of the Company transferred a portion of his shares to another person (not a founding shareholder of the Company). Company establish the minutes of meetings to unite this problem. Thus, you can add 01 company founding.