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NEW BUSINESS SET UP

New Business Set Up

Shared Ownership

If you are unsure as to whether you wish to trade as a partnership, company or on your own, then we can advise you and help you decide which route is best for you given your current circumstances.

Incorporating and Forming a Company 

Whether you are buying or selling a company or companies and businesses, we can help, from the decision to purchase or sell, right through to completion. We advise on the setting up of limited companies, including the contents of the Memorandum and Articles of Association and shareholders agreements. We also provide general company advice together with ongoing support to businesses to comply with all aspects of company law including company secretarial requirements

Partnerships

Setting up a partnership? We advise on the rights and responsibilities that go with partnership, together with advice on the more recent concept of limited liability partnerships. It is highly recommended that, no matter how friendly and informal the working relationship, you have a written agreement in place, setting out the partners’ roles and responsibilities. We can assist you in the preparation of partnership agreements for new and existing businesses without compromising a good working relationship.

Management and Administration

We can guide you regarding the management and administration of company affairs, including directors’ and employee service contracts and the responsibilities and liabilities of a company and its directors.

Shareholder Agreements

Another aspect that is often taken for granted is the need for a shareholder agreement. It is an essential element for the running of an efficient business especially when attempting to secure further investment. As with any relationship, the aims and objectives of the shareholders and company can vary over time and when this happens, disputes often occur. The written shareholder agreement allows the parties to have certainty at all times and allows for disputes to be determined in a more straightforward manner. It may even prevent such disputes from occurring at all.

 

Share Sales or Purchasing, Including Mergers, Acquisitions, Sales and Takeovers

At first glance, the sale of shares between individuals or corporate bodies may appear simple and straightforward. However, there are numerous important issues that should be addressed in a written agreement. These can include the method of hand over, tranche payments and the use of indemnities. It is necessary to encompass all aspects of the deal in a binding agreement so as to avoid the potentially difficult task of enforcement where payments are missed or promises are broken.

GCA Solicitors

GCA Solicitors has the expertise, knowledge and depth of experience to help you achieve the outcome you seek. Our team has the  commercial law expertise to get a satisfactory resolution. REQUEST AN APPOINTMENT

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