CELERITY.

Here’s a more polished version:

When to Put a Shareholders’ Agreement in Place

Consider a shareholders’ agreement in the following situations. Our fees include Notaris notarization and registration where applicable.

- Founding a new company: Clearly define roles, responsibilities, decision-making, and expectations among founders.
- Multiple shareholders or partners: Establish rules for voting rights, decision-making processes, and dividend distribution.
- Unequal shareholdings: Address control, protections for minority shareholders, and how influence is exercised when ownership stakes differ.
- Key restrictions or expectations: Set non-compete and confidentiality obligations, and regulate share transfers (e.g., rights of first refusal or lock-ups).
- Future financing or investment: Predefine terms for bringing in new investors and handling future funding rounds.
- Exit strategies and transfers: Specify buyout procedures, exit rights (tag-along, drag-along), valuation methods, and steps for shareholder departures.
- Dispute prevention and resolution: Create mechanisms to avoid deadlock and resolve disputes efficiently.
- Complex ownership structures: Provide clarity and governance for subsidiaries, joint ventures, or multiple share classes.

A well-drafted shareholders’ agreement helps prevent conflicts, clarifies rights and obligations, and provides a practical governance framework—especially where relationships are complex or formal corporate documents alone may be insufficient. Our Bali-based team tailors agreements to Indonesian law and coordinates all required Notaris formalities.