100% equity would mean A would have 100% control right? Then nobody can fire A. Hence 49%. Can A have 100% ownership and incorporate a COMPANY and then assign

100% equity would mean A would have 100% control right? Then nobody can fire A. Hence 49%. Can A have 100% ownership and incorporate a COMPANY and then assign BOD to COMPANY Where BOD have control over A but no ownership in company? In this config can A just hire a employee D and pay him minimum wage according to DOL. https://www.dol.gov/whd/minwage/america.htm https://www.dol.gov/whd/minwage/america.htm Would this setup work?