Protecting your assets from any potential downturn in trading
With uncertainty in the market, now is a good time for businesses to be considering how they best protect their assets from any potential downturn in trading. Key assets, such as business premises, intellectual property rights, plant and machinery, etc. - even cash - can all be ringfenced by moving them out of the trading company into a separate corporate vehicle, whether that be a holding company or separate non-trading subsidiary in the same group. |
|
Why every company should have a Shareholder Agreement
What is a Shareholder Agreement?
In short, a shareholder agreement is what it says on the tin, an agreement between the shareholders of a company. The agreement contains terms that govern the ownership of the business, including the issue and transfer of shares and company management.
A Shareholder Agreement is not required to be filed at Companies House, unlike the Articles of Association, therefore the terms of the agreement can be kept private between the shareholders and the company. |