You can transfer the equity to others, reach an agreement through consultation, and go through the formalities of change; Or the company repurchases shares and withdraws from the legal representative of the company.
Judging from the nature of the legal representative, the withdrawal of shares of a company as a legal person is an extremely important procedure, which requires the company as a legal person to hold a shareholders' meeting first, and more than two-thirds of the shareholders agree to change the legal representative. The Company only needs to go through the alteration formalities at the Industrial and Commercial Bureau with the resolution of the shareholders' meeting, and the following materials shall be submitted at the Industrial and Commercial Bureau:
1. Application for company change registration signed by the legal representative of the company.
2. List of Change Registration-information of legal representative signed by the company.
3. Certificate of Designated Representative or * * * Entrusted Agent and a copy of the identity certificate of the designated representative or principal.
4. Submit the dismissal certificate of the original legal representative in accordance with the provisions and procedures of the Articles of Association.
5. Submit the dismissal certificate of the original legal representative and the post certificate of the new legal representative according to the articles of association and procedures.
To sum up, the legal representative of the company needs to go through legal procedures, submit necessary materials and go through relevant registration procedures, and cannot be changed at will.
Legal basis: Article 13 of the Company Law of People's Republic of China (PRC), the legal representative of the company shall be the chairman, executive director or manager as stipulated in the articles of association, and shall be registered according to law. Where the legal representative of the company changes, it shall go through the registration of change.