Shareholder’s agreements for startups in Spain

In any startup, the relationship between shareholders is one of the most sensitive and decisive pillars. A well-drafted shareholders’ agreement not only prevents conflicts, but also ensures stability, trust and secure investment.

At Letslaw, we understand that this document is key to the sustainability and growth of any business venture. Our lawyers, specialized in corporate and startup law, draft clear, balanced, and strategic shareholders’ agreements tailored to the real needs of your company and the profile of your investors.

Comprehensive legal advice on the drafting and negotiation of shareholders’ agreements

Our lawyers offer comprehensive support throughout the drafting and negotiation process, ensuring that the content reflects the will of the parties and is adapted to the nature and stage of development of the company.

The shareholders’ agreement clearly regulates essential aspects of corporate coexistence and management, such as decision-making powers, profit-sharing, rights of acquisition or transfer of shares and the resolution of deadlock situations.

At Letslaw, we work with you from the outset to define a balanced document that protects both founders and investors and minimizes the risk of future conflicts.

The structure and content of the shareholders’ agreement will vary depending on the specific characteristics of the project, the number of shareholders, and the type of investment. However, certain clauses are essential in any shareholders’ agreement. These include:

• Supermajority provisions for the adoption of key corporate decisions.
• Definition of roles, responsibilities, and rights of the shareholders.
• Vesting and permanence clauses to ensure founders’ commitment during the early years.
• Non-compete and exclusivity obligations.
• Drag-along and tag-along rights to regulate joint share transfers.
• Mechanisms for resolving corporate deadlocks.
• Breach clauses, including penalties and exit rights.

Furthermore, at Letslaw we review and update existing shareholders’ agreements before investment rounds or capital increases, adapting their content to the new corporate structure and to the commitments undertaken with investors.

Benefits of a well-structured shareholders’ agreement

• Avoids conflicts between shareholders and potential management deadlocks.
• Provides legal certainty for corporate decision-making.
• Builds investor confidence by guaranteeing stability and transparency.
• Safeguards founders’ interests in future corporate operations.
• Allows internal rules to adapt to each stage of the startup’s growth.

Why Letslaw

• Experience in the negotiation and drafting of over 150 shareholders’ agreements.
• Deep knowledge of the startup ecosystem and investor practices.
• Tailored legal advice adapted to the specific needs and dynamics of each company.
• Preventive approach that prioritizes stability and avoids future litigation.

At Letslaw, we help you protect your startup with a solid, clear, and balanced shareholders’ agreement.

Request expert legal advice and secure your company’s future.