Business
Structuring.
Build on a solid legal foundation from the start.
What does Legally Ready do for business structuring?
Legally Ready assists with business set up, including advice on company registration, partnership structuring, and drafting Shareholders Agreements, Partnership Agreements, and Founders Agreements.
Who it's for
- Founders setting up a new business
- Partners who need a formal agreement in place
- Business owners restructuring for growth or succession
- Anyone who has started a business without formal legal documentation
What's included
- Consultation on the most appropriate structure for your situation
- Guidance on company registration or partnership documentation
- Drafting of Shareholders, Partnership or Founders Agreement
- Guidance on director duties and governance
Common questions
Do I need a Shareholders Agreement if I am the only director?
If you are the sole shareholder and director, a Shareholders Agreement is not required. However, if you have co-founders or investors — even informally — a Shareholders Agreement sets out each party's rights and obligations, and gives you an agreed mechanism for resolving disputes instead of starting from zero if one arises.
What happens if we skip the formal agreement?
Verbal understandings between co-founders tend to hold while things are going well and unravel exactly when they matter most — a falling-out, a departure, an acquisition offer one founder wants and another doesn't. Without a Shareholders or Partnership Agreement, you're relying on default statutory rules that weren't written for your specific business, and on everyone continuing to remember the deal the same way.
This page provides general information and does not constitute legal advice. Book a consultation to discuss your specific circumstances.
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