At Mbt Lawyers, we understand that Shareholders Agreements (SHA) are invaluable in protecting your business interests, regardless of your size or business structure. As experienced lawyers in Coffs Harbour, we can advise you on the best way to ensure your organisation’s legal and financial stability.
A Shareholders Agreement (SHA) is a legally binding contract that outlines the rights and responsibilities of the company’s shareholders. It sets out how the company will be managed and how investments will be treated. Furthermore, it is an important document that should be carefully considered and tailored to fit the individual needs of your business.
An SHA can help protect the interests of all shareholders, providing certainty and peace of mind. Some of the benefits of having an SHA in place include:
• Protection against unwanted external investors, such as competitors, by restricting the sale of shares without the consent of existing shareholders.
• Prevent deadlock situations arising from disagreements between shareholders by outlining the voting requirements and procedure for decision-making.
• Provide the ability to stipulate the roles of different shareholders and their authority levels in the company.
• Regularly review the company’s objectives, performance and finances, including providing opportunities to structure tax-effective business operations.
• Outline the process to follow should shareholders die, become incapacitated or wish to sell their shares.
We can help you draft a comprehensive SHA tailored to your business’s needs. Moreover, we provide practical, cost-effective legal advice that meets all your requirements. Our skilled lawyers will work closely with you to ensure you get the best result. So, if you’re looking for legal advice in Coffs Harbour about Shareholder Agreements, contact the team at Mbt Lawyers today.
Jonathan is a Senior Lawyer and Accredited Specialist in Business Law. Jonathan grew up in…
Read BioStacey Price is our much beloved Lawyer Partner who has been a dynamic part of the Coffs Harbour Conveyancing Services and Mbt Lawyers family since 2002. Stacey hails from Wallangarra, Qld before later bridging to NSW from the Queensland dark side.
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