How do minority shareholders quit the company

Legal analysis: the ways of shareholders' withdrawal include equity transfer, capital reduction, repurchase, dissolution, bankruptcy liquidation and so on. Different ways have different characteristics.

1, equity transfer. It should be said that it is the most convenient way to quit. If the transferee is a shareholder of the company, it can be directly transferred. If it is a third party other than the shareholders of the company, it needs the consent of more than half of the other shareholders of the company. Under the same conditions, the shareholders of the company also have the preemptive right.

2. The company reduces its capital. Shareholders' withdrawal is realized by reducing the company's capital, and its essence is that the company repurchases the capital contribution of the withdrawing shareholders. In other words, the company purchased the capital contribution of shareholders with its reduced registered capital, thus realizing the withdrawal of shareholders.

3. Ask the company to buy back. To require the company to buy back the shares held by shareholders at a reasonable price, it is necessary to meet the relevant conditions stipulated in the Company Law.

4. Dissolve the company. There are several situations when a company is dissolved. According to the Company Law, some companies are dissolved due to the expiration of the operating period stipulated in the articles of association, some shareholders decide to dissolve, and some are dissolved because they are ordered to close down. This is the cleanest way to quit smoking. Of course, the procedure is complicated, and it is necessary to form a liquidation group for liquidation.

5. Withdraw from bankruptcy liquidation. The subjects that can apply for bankruptcy are: creditors, debtors, and persons who are liable for liquidation according to law.

Legal basis: Article 71 of the Company Law of People's Republic of China (PRC). Shareholders of a limited liability company may transfer all or part of their shares to each other.