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Pre-Incorporation Agreement
Pre-Incorporation Agreement
Original price was: R 809,09.R 566,36Current price is: R 566,36.
Legal agreement outlining terms of a business venture prior to incorporation.
- Establishes partnership terms.
- Outlines contributions of each partner.
- Provides a framework for decision-making.
PRE-INCORPORATION AGREEMENT
Summary A Pre-Incorporation Agreement may be considered for the mutual protection of prospective shareholders in the intended registration of a company. The document sets out the intended purpose and structure of the company to be registered and strives to ensure that the prospective shareholders understand their respective rights and obligations in relation to each other.
Why do I need a Pre Incorporation Agreement? If you intend to start a business through the registration of a company with fellow shareholders, a written Agreement may be considered for the negotiation and agreement of various terms of registration. This Pre Incorporation Contract, amongst other things strives to set out what is agreed between the prospective shareholders, respective responsibilities in the incorporation of the company, and generally agree on the terms of the incorporation. The document also identifies the person authorised to act for the company prior to registration.
What does the Pre-incorporation Contract say? The template terms consist of: Introduction; Incorporation; Shares; Management; Signing Authority; General; Signatures
What does the template contract look like? The agreement can be printed onto seven pages.
What do you need to do to use the Pre-incorporation Contract?
- Read the standard document to ensure that it suits your requirements. Complete the requisite sections, making changes as required.
- Ensure the prospective shareholders sign the contract with each prospective shareholder getting a copy of the final, signed agreement.
Note: When prospective shareholders register a company, a working knowledge of the Companies Act is important and a specialist’s advice is advised.
Also viewed: Shareholders Agreement and Company Resolution
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Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.
Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.
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