Do you need a Shareholders Agreement?
A Shareholders Agreement is an important contract between business owners. It governs how a company will be owned and what the rights of each shareholder are. If you’re going into business with someone, taking on a partner or splitting ownership of your company, a Shareholders Agreement is essential.
What You Get
You can’t predict the future.
Unless you have a crystal ball, you don’t know what the future holds. You need a plan! A Shareholders Agreement sets out the ground rules for your company in black and white so everyone is clear on their rights and responsibilities. It governs how decisions will be made, how shares can be bought or sold, what happens if there is a dispute, and other scenarios which could have an impact on the business (such as the death of an owner).
Frequently Asked Questions
A Shareholders Agreement is a contract between the owners of a business. This important document governs the rules for making decisions, buying or selling shares, settling a dispute and dealing with other scenarios which could affect the company.
Even if you’re going into business with someone you trust (such as a friend or family member), you should still have a Shareholders Agreement to protect your interests.
Every situation is different, which is why you need expert advice from a commercial lawyer. We’re small business specialists, so you know you’re in safe hands with us.
We’ll consider your unique situation and let you know if we think this is right for your business.
Our head office is at Inspire Cowork – a coworking space in Sydney – but we also support flexible work for our team. Our lawyers can work from anywhere.
We use technology to come to you, wherever you’re located around Australia. Many of our clients work from home or at coworking spaces, just like us.
We communicate with our clients via phone, email and Zoom – whatever works best for you. There’s no need to meet face to face, but if you’re ever in the area you’re welcome to drop in!
Generally it takes around 2 weeks to complete a drafting project from start to finish.
If you have asked us to prepare more than one document, we’ll try to complete them at the same time to speed things up. If something is urgent or you are working to a deadline, please let us know ahead of time and we will do our best to meet your timeline.