Before you go into business with your co-owners, we recommend that you seek legal advice and set up a shareholders’ agreement. A well-drafted shareholders’ agreement will identify the objectives of the shareholders and agree how control should be exercised within the company. This is a very straightforward process and is designed to reduce the prospects of conflict and deal with the unexpected.
We can advise you in relation to these and other points such as:
- Transfers of shares;
- Termination of the employment or directorship of a shareholder;
- Death of a shareholder;
- Bankruptcy of a shareholder; and
- Dispute resolution provisions.
We are currently offering a fixed fee shareholders’ agreement service. We operate a standard fee which applies to shareholders’ agreements covering off a prescribed set of issues. Inclusive within this offer is a 30-minute free consultation on estate planning with a member of our Private Client Team (an accredited member of the Law Society’s Wills and Inheritance Quality Scheme (WIQS)).
To start the process, simply request a copy of our shareholders’ agreement questionnaire by emailing firstname.lastname@example.org and we will forward this to you as soon as possible.
For more information, please email us or contact us on 020 8858 6971.