Shareholders’ Agreement: why should your company have one?

Although there is no legal requirement to have a Shareholders’ Agreement (‘SHA’), shareholders are often advised to have an agreement when starting a company with more than one shareholder. An SHA is an agreement between all or some of a company’s shareholders defining the parties’ rights and duties and how they will reach certain decisions. The following are some of the important reasons why your company should have an SHA in place: Privacy When a company is incorporated, the Articles of Association of the company are filed at Companies House,…

Start-ups and entrepreneurs: The rise of serviced offices

Often the best route (or the only one) to starting your own business is working from home or your garage. The need to get bigger space and or a professional environment is soon a necessity when the business takes off and expansion is required. However a level of flexibility is required and the commitment to a long lease may not be the right step or one that can be affordable. Therefore one option, initially, is by use of a serviced office. Several researches have shown this to be the case,…

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