Shareholders agreement vs articles of association: what founders should decide
Understand the different roles of a shareholders agreement and articles, then prepare the ownership and decision questions your advisers need.
Read the guideBring the people, ownership and funding arrangements behind your business into one coherent set of records. Start with the relationship between founders and the company.

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Prepare share certificates using the alternative that matches the registered shareholder.
Record the board’s consideration and approval of a proposed company contract.
Record the initial organisational decisions of the board after incorporation.
Record a loan from an individual to a company, choosing the interest-bearing or interest-free version that reflects the arrangement.
Put the relationship between your shareholders in writing, with a clear starting point for the company and its ownership arrangements.
Understand the different roles of a shareholders agreement and articles, then prepare the ownership and decision questions your advisers need.
Read the guideA partnership is an arrangement where individuals (or other entities such as companies) agree to work together for the purposes of making a profit and advancing their common interests. As…
Read the guideThe first organisational issue to consider when starting a new business is what legal structure to use. There are three basic options to choose from:
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