Incorporation of a company, acquisition, transfer of shares or other changes in a company are legal acts that cause serious legal consequences, so it is not advisable to use simple forms downloaded from the web or cheap basic services that contain only general settings and do not address the specific needs of the shareholders.

A company agreement with general basic provisions does not sufficiently protect the rights of the partners, which very often in practice creates stalemates that are very difficult to resolve – for example, in the event of the death of a partner, or disagreements between the partners about staying in the company, sharing profits, appointing and removing directors, how to run the company, etc..

After many years of experience, we recommend to consider and define in advance in the Memorandum of Association a number of factors that may fundamentally affect the rights and obligations of the shareholders in the course of existence and business activity – to prepare a “tailor-made” Memorandum of Association and to avoid possible future difficulties in advance. The initial investment will clearly be returned in the form of the highest possible protection of the rights and legitimate interests of the individual shareholders and towards each other.