If you are drafting a Shareholder Agreement, there is a lot to consider and many factors to keep in mind. It can be all too easy to overlook vital components and make mistakes that can prove costly in the long run. Here, we take a look at some common pitfalls to avoid...
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Who Needs A Shareholder Agreement?
While there are no legal requirements to put a Shareholder Agreement in place, all companies that have two or more shareholders should have one. Shareholder Agreements minimise the possibility of disputes arising between shareholders as they provide procedures and a...
How Do I Draft A Shareholder Agreement?
When it comes to drafting a Shareholder Agreement, there are several key components that must be considered and included within the provisions. Here, we take a closer look at some of these vital elements. Shareholder Names Shareholder Agreements are business...
What Are The Key Provisions Of A Shareholder Agreement?
While putting a Shareholder Agreement in place is optional for companies, it certainly makes sense to have one due to the additional protection that it can provide, especially to minority shareholders. However, when drawing one up, there is no one size fits all...
Can I Use A Template Shareholder Agreement?
Can I Use A Template Shareholder Agreement? Shareholder Agreements are a key legal document outlining the obligations, responsibilities and rights of the company and its shareholders and offering protection to all parties in the event of a dispute. They outline the...
How Much Does It Cost To Have A Shareholder Agreement Drafted By A Lawyer?
How Much Does It Cost To Have A Shareholder Agreement Drafted By A Lawyer? If you have decided that your company and its shareholders could benefit from the protection offered by a Shareholder Agreement, you may be wondering whether it is worth using the services of a...
A Summary of how to Remove a Director
Removing a director from a company is much more complicated than removing an employee and is usually a sticky subject and if not done correctly, could invalidate the entire process. Below is a summary on the process. A director’s appointment may be terminated:...
Why your Company should have a Shareholders’ Agreement?
When entering into a legal relationship, whether that is buying a house or having a kitchen installed, you want to know exactly what you are getting and that it is worth the money you are spending. When you are investing your time and money into building a business...
What Are the PSC Rules and Do They Impact My Business?
As part of the UK Government’s trust and transparency agenda, the Small Business, Enterprise and Employment Act (SBEE) is now in effect as of April 2016. If your business is a UK incorporated company or limited liability partnership (LLP), this means you’ll be required to set up and maintain a ‘people with significant control’ (PSC) register. This article provides a helpful overview of the new PSC requirements, and briefly explains the steps for compliance.
What is a Company Secretary and Do I Need One for My Business?
Although it is no longer a legal requirement, many private limited companies still opt to hire a company secretary to perform a number of essential tasks. As providers of company secretarial services, we know firsthand just how valuable this position is to private companies. Here, we give an overview of the responsibilities and importance of this role to help you determine whether your business should hire a company secretary.
