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How long does it take to draft a Shareholders' Agreement? We typically advise that drafting a standard Shareholders' Agreements can take up to 1-2 weeks from when we receive instructions. For more complex Shareholders' Agreements, it can take a longer period of time.
Our fees for preparing and drafting a shareholders' agreement start at £1,250 plus VAT. A Shareholders' Agreement helps protect the legal rights of all shareholders in a business and aims to ensure everyone is treated fairly. The Agreement sets out: The allocation of shares among the owners of a limited company.
As no two businesses are the same, ensure your Shareholders' Agreement is customised by a specialist corporate lawyer to suit your business and personal interests as a business owner.
Many people wonder whether it is possible to write their own shareholders' agreement or whether a solicitor is required. We believe that it is quite possible to draw it yourself, provided that you use a good template as a basis (such as our own).
All shareholders have to sign the shareholders agreement. It is recommended that someone witness the signing of a shareholders agreement. In that way, a shareholder cannot deny signing the agreement. An additional step you should take to protect a corporation is to notarize the signatures of the shareholders.
The agreement must be in writing, and must be signed by the shareholders who are party to it. While shareholder agreements are specific to each corporation and its shareholders, most of these documents deal with the same basic issues.
The shareholders' agreement shall be executed by each of the company's shareholders. It includes both existing shareholders at the time of drafting and new shareholders. and other matters related to the shareholders' relationship with the company. A shareholders' agreement template is a pre-drafted document.
Many people wonder whether it is possible to write their own shareholders' agreement or whether a solicitor is required. We believe that it is quite possible to draw it yourself, provided that you use a good template as a basis (such as our own).