Phoenix - Your AI AssistantWrite a Shareholders' Agreement for the owners of a UK company
Delivery in
3 days
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100%
(12 reviews)
(12 reviews)
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Instantly
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What you get with this Offer
THE OFFER INCLUDES ALL OF THE FOLLOWING FOR THE FIXED PRICE
- Taking instructions from you about your company and specific business - I will not just be giving you a template/precedent that you could download for free online
- Explaining the basics of company law to you, so that you understand the reasons behind the terms which will be included and the different options you have
- Prepare a first draft of the Shareholders' Agreement for your comments
- Finalising the document by making any amendments you require and dealing with any questions you may have
WHY GET A SHAREHOLDERS' AGREEMENT
If you have a Shareholders' Agreement, you can tailor the rules to suit the needs of your specific company.
Most people think that they will never have problems with their partners, but in my experience, this is not the case.
It is best to set out at the start what happens if things go wrong or you cannot agree on something. If it is in writing, disputes can easily be dealt with.
Some of the things that the document will include:
- dealing with any money put in initially by the shareholders (is it a loan? is interest payable?)
- what happens if a shareholder leaves the employment of the company or dies
- terms regarding the sale of shares and their value
- forcing minority shareholders to sell their shares to third party buyers, otherwise all shareholders are locked in
- deadlock provisions
- dividend policy
- Taking instructions from you about your company and specific business - I will not just be giving you a template/precedent that you could download for free online
- Explaining the basics of company law to you, so that you understand the reasons behind the terms which will be included and the different options you have
- Prepare a first draft of the Shareholders' Agreement for your comments
- Finalising the document by making any amendments you require and dealing with any questions you may have
WHY GET A SHAREHOLDERS' AGREEMENT
If you have a Shareholders' Agreement, you can tailor the rules to suit the needs of your specific company.
Most people think that they will never have problems with their partners, but in my experience, this is not the case.
It is best to set out at the start what happens if things go wrong or you cannot agree on something. If it is in writing, disputes can easily be dealt with.
Some of the things that the document will include:
- dealing with any money put in initially by the shareholders (is it a loan? is interest payable?)
- what happens if a shareholder leaves the employment of the company or dies
- terms regarding the sale of shares and their value
- forcing minority shareholders to sell their shares to third party buyers, otherwise all shareholders are locked in
- deadlock provisions
- dividend policy
What the Freelancer needs to start the work
I would initially need to know:
- company name and registration number
- the shareholders and their shares
- who the directors are
- which shareholders work in the business and salaries
- any money or assets that the shareholders have put into the company
