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We want to become a 50% partner of an existing incorporated company,what is the procedure tobe safe legally?

it's an incorporation caompany ,and we want to become 50% partner. So, what is the correct procedure to make us as a legally 50 % partner.

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Attorney answers (1)

Reputation Level 17
These comments are made for educational purposes only and do not constitute legal advice. No attorney-client relationship exists between us.

Corporations have stockholders not partners. You can purchase 50% of the total shares in the company. You and the company's officers and directors must work out an amount that represents 50% of the value of the company. Once you have paid that amount, the company will issue stock certificates to you as proof of your ownership interest.

This can be a complex transaction and you should consult an attorney to help you.
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