It is very easy to set up a company online. But doing it properly is a lot harder. What is your company structure and why use that structure? Many businesses will use the Model Articles of Association only for it to cause future problems that can be fatal.
Do you need partnership agreements?
Have you thought of the Member’s rights or the Directors’ duties and liabilities?
If there you are owner/directors have you considered mechanisms to prevent a deadlocked board.
The Model Articles of Association are very general. They are not suitable for small/micro businesses run by owner/directors as it lacks a way of resolving or preventing a deadlocked board and if the board cannot agree on running the business it will likely fail.
Larger businesses will likely want to change the Members’ voting structure and rights.
Here to help
Our specialist team can provide full service legal advice and assistance, giving practical and cost-effective solutions.
Marlborough Law is special because...
We live and work locally and our reputation is paramount to our continued success. We take as a matter of pride our ability to retain clients.
We have legal experience in a breadth of matters, but we also have something few lawyers have: a depth of business, commercial and life experience that allows us to provide practical legal advice and solutions that suit your needs.
Our team consists of Solicitors, although capable in most areas of law they are specialists in their chosen fields.
Low Cost Legal Solutions
It is our aim to provide a legal service that is affordable and our business is set to do just that. We will advise as to the likely cost of any matter and because of our more personalised approach we are able to provide an efficient and tailored service to each client without the additional costs of many larger or traditionally setup lawyers.