We can provide the expert legal support you need to create a Shareholders’ Agreement – providing stability to your business.
A Vital Framework for a Limited Company:
It is not a legal requirement for a company or its shareholders to have a Shareholders’ Agreement. However, it is something that we recommend all of our commercial clients with a limited company to consider.
A Shareholders’ Agreement provides stability and guidance, and is an agreed framework which can be used when conflicts arise that would otherwise not be regulated.
What is a Shareholder’s Agreement?
Shareholders in a company need to have control of their investment. A Shareholders’ Agreement sets out rules about how decisions are made in the company. For example, which decisions have to be made unanimously and which decisions can be made by a majority vote.
The Shareholders’ Agreement is not a public document registered at Companies House in the same way as the company’s Memorandum and Articles of Association (M&A). It is a private document between the company’s shareholders.
A Shareholders Agreement should address a number of areas, including:
- Restrictions on transfers of shares;
- How to deal with a shareholder’s exit;
- How shares should be valued;
- The company’s dividend policy.
How can we help?
Whether you are a new or existing company, we can help you to create a comprehensive and legally-binding Shareholder’s Agreement. This will help protect and solidify the interests of your company’s shareholders. Importantly, every Shareholders Agreement is unique – we have significant experience, and can tailor an agreement to meet the specific needs of you and your company.
Contact us today for free initial advice on 01244 312306, or via our livechat below.
Call and speak to a lawyer on 01244 312306