Thinking of starting up a company? A Shareholders Agreement is one of the most important documents for your business to have. It is a fundamental agreement between the Shareholders of a company and acts as a first point of reference for their rights and responsibilities.
While Shareholders Agreements are typically signed at the establishment of a company, it is never too late to create an agreement and we can help you put one in place.
A Shareholders Agreement outlines the core details of a company such as:
- How the business will operate.
- How directors can be appointed and removed.
- The sale, transfer, and issue of shares.
- Exit strategies.
- Decision making at board and shareholder level.
- Pre-emptive rights.
- Company funding and loans.
- Dividends and distributions.
- Dispute resolution.
A Shareholders Agreement is an essential document but often holds sensitive information about a company. Unlike a company constitution that must be registered with the Companies Office, a Shareholders Agreement is a private agreement where Shareholders are able to agree on procedures that they do not want public.
At Legal Solutions, our experienced Commercial Team can help you develop a Shareholders Agreement that is customized to your company and its specific needs. We can guide you through the different aspects of the administration of a company and explain the options and requirements of a Shareholders Agreement.