Electronic Voting System in Joint-Stock Companies

Shareholders have the right to participate in the management of the company, be involved in the workings and decisions made during the general meeting. They have the right to vote on matters that concern them, such as dividend payments or the election of the board of directors or the supervisory board. However, exercising these rights can be complicated and expensive.

Shareholders have the right to participate in the management of the company, be involved in the workings and decisions made during the general meeting. They have the right to vote on matters that concern them, such as dividend payments or the election of the board of directors or the supervisory board. However, exercising these rights can be complicated and expensive.

A joint-stock company, as a legal form of business, is based on shares owned by shareholders. Sometimes there are hundreds or even thousands of them. All of them must make collective decisions through elections from time to time. Gathering such a large number of people and organizing the voting process for all of them can be very challenging and costly. Introducing an electronic voting system would greatly simplify the process and bring cost savings.

One of the major problems is the frequent absence of members from the general meetings because people simply don't have the time, the willingness, and sometimes the means. Many shareholders own shares in multiple companies, further exacerbating this issue.

Non-attendance at general meetings and not casting one's vote can lead to dissatisfaction among shareholders. This can easily be avoided by using an online voting system.

With Fairvotes, the first Croatian application for electronic voting, you can vote anywhere and anytime. All you need is your mobile device, and with a few clicks, you can cast your vote and continue with your work.

Electronic voting conducted through the Fairvotes application is completely secure and reliable. There is no possibility of double voting, and anonymity is guaranteed. No member can know who voted for what.

Fairvotes allows you to participate in decisions regarding your assets while saving time and money, all securely, transparently, and quickly.

Furthermore, Fairvotes greatly simplifies the work of organizers and brings significant savings. There is no need to spend funds on renting large venues, providing food and drinks for participants, printing ballots, and all the other requirements of such organizational efforts. There is no need for registration and participant control, overseeing the entire process, or lengthy vote counting. Fairvotes allows you to avoid such colossal projects and invest your resources and time in smarter and more profitable endeavors. It allows you to stay technologically up-to-date, fast, and efficient.