{"id":29148,"date":"2019-07-15T10:17:56","date_gmt":"2019-07-15T02:17:56","guid":{"rendered":"https:\/\/zegal.com\/?p=29148"},"modified":"2024-04-23T18:18:55","modified_gmt":"2024-04-23T10:18:55","slug":"uk-start-up-legal-starter-pack-all-the-docs-your-new-business-needs-to-grow","status":"publish","type":"post","link":"https:\/\/zegal.com\/en-hk\/blog\/post\/uk-start-up-legal-starter-pack-all-the-docs-your-new-business-needs-to-grow\/","title":{"rendered":"UK Startups: Essential Legal Documents for Your Business"},"content":{"rendered":"\n<p id=\"E169\"><strong><span id=\"E170\" class=\"qowt-font6-Arial\">Ensure that your business achieves its full potential by establishing the right legal foundations to protect your intellectual property, employment and tax issues straight from start up to scale up.<\/span><\/strong><\/p>\n\n\n\n<p id=\"E166\"><\/p>\n\n\n\n<p><span id=\"E173\" class=\"qowt-font6-Arial\">Taking your business ideas into fruition is undoubtedly no easy feat. What\u2019s more, without the valid legal infrastructure in place to outline the relationships between its founders and company, or to protect business ideas, your startup may be susceptible to greater growth-limiting risks and overall detrimental losses.<\/span><\/p>\n\n\n\n<p><span id=\"E173\" class=\"qowt-font6-Arial\">Having the correct legal documentation in place from the get-go sets up legal protection, defines roles and responsibilities, and provides a solid foundation allowing the business to grow into its own within the fast-paced commercial market. There are several common key legal issues relevant to every startup that can easily be avoided (and in an efficient and accessible way with the assistance of <a href=\"https:\/\/zegal.com\/startup\/\">Zegal\u2019s contract templates<\/a>) which will maximise the chances of success within the competitive business industry.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"E175\"><span class=\"ez-toc-section\" id=\"Shareholders_Agreement\"><\/span><a href=\"https:\/\/zegal.com\/shareholders-agreement\/\"><span id=\"E176\" class=\"qowt-font6-Arial\">Shareholders Agreement<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p id=\"E177\"><span id=\"E178\" class=\"qowt-font6-Arial\">As with every startup, when a group of individuals incorporate and become shareholders in a newly founded business, it is important to set in place a <\/span><span id=\"E179\" class=\"qowt-font6-Arial\">Shareholders Agreement<\/span><span id=\"E180\" class=\"qowt-font6-Arial\"> in order to distinctively outline the shareholder to shareholder relationship as well as the shareholders\u2019 relationship to the company so as to provide clarity on a myriad of potential issues regarding shareholder rights, company share transfers, the feasibility of certain decisions made by shareholders and so on. In constructing a well-founded and secure Shareholders Agreement, it is vital that each clause aligns with the company\u2019s <\/span><span id=\"E181\" class=\"qowt-font6-Arial\">memorandum and <a href=\"https:\/\/zegal.com\/shareholders-resolution-to-alter-articles-of-association\/\">articles of association<\/a><\/span><span id=\"E182\" class=\"qowt-font6-Arial\">, which highlights the distribution of responsibilities within the company and are both required for companies formed in the UK, according to the <\/span><span id=\"E183\" class=\"qowt-font6-Arial\">Companies Act 2006<\/span><span id=\"E184\" class=\"qowt-font6-Arial\">.&nbsp;<\/span><\/p>\n\n\n\n<p id=\"E186\"><span id=\"E187\" class=\"qowt-font6-Arial\">The <\/span><a href=\"https:\/\/zegal.com\/memorandum-of-understanding\/\"><span id=\"E188\" class=\"qowt-font6-Arial\">memorandum of association<\/span><\/a><span id=\"E189\" class=\"qowt-font6-Arial\"> clearly and explicitly demonstrates that the shareholders agree to form the company in compliance with the aforementioned <\/span><span id=\"E190\" class=\"qowt-font6-Arial\">Companies Act 2006<\/span><span id=\"E191\" class=\"qowt-font6-Arial\"> and, further, agree to become the first members of the company. This prescribed form, which requires each shareholder to authenticate its clauses, is comprised of a <\/span><span id=\"E192\" class=\"qowt-font6-Arial\">statement of compliance. It<\/span><span id=\"E193\" class=\"qowt-font6-Arial\"> must be delivered to the Companies House in accompaniment with an application for registration of the company and the startup\u2019s articles of association, which outline the company\u2019s limits and restrictions. With Zegal\u2019s <\/span><span id=\"E194\" class=\"qowt-font6-Arial\">Term Sheet <\/span><span id=\"E195\" class=\"qowt-font6-Arial\">templates, parties can easily enter into negotiations and execute transactions using the <\/span><span id=\"E196\" class=\"qowt-font6-Arial\">Investment Agreement <\/span><span id=\"E197\" class=\"qowt-font6-Arial\">template.<\/span><\/p>\n\n\n\n<p id=\"E199\"><span id=\"E200\" class=\"qowt-font6-Arial\">The limits and restrictions imposed on a company and its exercise of powers as set out in its <\/span><span id=\"E201\" class=\"qowt-font6-Arial\">articles of association <\/span><span id=\"E202\" class=\"qowt-font6-Arial\">serves as a source of reassurance for shareholders of the startup that its directors will not pursue potentially damaging courses of action yielding grave repercussions without the acknowledgement and approval of its shareholders.<\/span><\/p>\n\n\n\n<p><span id=\"E202\" class=\"qowt-font6-Arial\"> While there is no prescribed form that these articles must abide by, <\/span><span id=\"E203\" class=\"qowt-font6-Arial\">The Companies (Model Articles) Regulations 2008<\/span><span id=\"E204\" class=\"qowt-font6-Arial\"> sets forth model articles, available on the <\/span><a id=\"E205\" contenteditable=\"false\" href=\"https:\/\/www.gov.uk\/guidance\/model-articles-of-association-for-limited-companies\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E206\" class=\"qowt-font6-Arial\">Companies House\u2019s website<\/span><\/a><span id=\"E207\" class=\"qowt-font6-Arial\">, applicable to the most common types of companies:&nbsp;<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><span id=\"E210\" class=\"qowt-font6-Arial\">Private company limited by shares;<\/span><\/strong><\/li>\n\n\n\n<li><strong style=\"font-size: inherit; text-align: justify;\">Private company limited by guarantee<\/strong><span style=\"font-size: inherit; text-align: justify;\">; and<\/span><\/li>\n\n\n\n<li><strong style=\"font-size: inherit; text-align: justify;\"><span id=\"E214\" class=\"qowt-font6-Arial\">Public limited company<\/span><\/strong><\/li>\n<\/ul>\n\n\n\n<p><span id=\"E217\" class=\"qowt-font6-Arial\">These articles must be submitted to the Companies\u2019 House for approval of acceptable terms before the company can be formed, however, their proposed model articles need not strictly used as the startup may choose to either amend the model articles or construct original <\/span><span class=\"qowt-font6-Arial\">articles for review.&nbsp;<\/span><\/p>\n\n\n\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/five-clauses-every-shareholders-agreement-should-include-does-yours\/\">FURTHER READING: Five Clauses Every Shareholders\u2019 Agreement Should Include. Does Yours?<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/investment-agreement-vs-shareholders-agreement-whats-the-difference\/\">RELATED READING: Investment Agreement vs Shareholders Agreement: What\u2019s the Difference?<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/close-up-coffee-colleagues-1394739-1024x682.jpg\" alt=\"\" class=\"wp-image-29364\" srcset=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/close-up-coffee-colleagues-1394739-1024x682.jpg 1024w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/close-up-coffee-colleagues-1394739-300x200.jpg 300w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/close-up-coffee-colleagues-1394739-768x512.jpg 768w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/close-up-coffee-colleagues-1394739-640x427.jpg 640w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/close-up-coffee-colleagues-1394739-1200x800.jpg 1200w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/close-up-coffee-colleagues-1394739-1920x1280.jpg 1920w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 770px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"E219\"><span class=\"ez-toc-section\" id=\"Founders_Agreement\"><\/span><a href=\"https:\/\/zegal.com\/founders-agreement-for-three-or-more-individual-founders\/\"><span id=\"E220\" class=\"qowt-font6-Arial\">Founders\u2019 Agreement&nbsp;<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p id=\"E221\"><span id=\"E222\" class=\"qowt-font6-Arial\">While there is no legal obligation to do so, a <\/span><span id=\"E223\" class=\"qowt-font6-Arial\">founders\u2019 agreement, <\/span><span id=\"E224\" class=\"qowt-font6-Arial\">especially in the early stages of a startup\u2019s growth, provides an extremely helpful sense of security to founders of a business using a company vehicle. It also provides greater clarity with regard to the operations of the business in avoidance of disputes and miscommunications. The document takes the same form as a <\/span><span id=\"E225\" class=\"qowt-font6-Arial\">shareholders\u2019 agreement<\/span><span id=\"E226\" class=\"qowt-font6-Arial\">, however, is restricted solely to clauses addressing the founders of the company as opposed to all shareholders, these may include:&nbsp;<\/span>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><span id=\"E229\" class=\"qowt-font6-Arial\">Ownership rights; <\/span><\/strong><\/li>\n\n\n\n<li><strong style=\"font-size: inherit; text-align: justify;\"><span id=\"E231\" class=\"qowt-font6-Arial\">Operational responsibilities; <\/span><\/strong><\/li>\n\n\n\n<li><strong style=\"font-size: inherit; text-align: justify;\"><span id=\"E233\" class=\"qowt-font6-Arial\">Division of equity i.e. value of ownership<\/span><\/strong><\/li>\n<\/ul>\n\n\n\n<p id=\"E235\"><span id=\"E236\" class=\"qowt-font6-Arial\">The Founders\u2019 Agreement helps <\/span><span id=\"E237\" class=\"qowt-font6-Arial\">get the conversation started<\/span><span id=\"E238\" class=\"qowt-font6-Arial\"> and finalises the way you will move forward as a company and as business partners.<\/span><\/p>\n\n\n\n<p><a href=\"https:\/\/help.zegal.com\/en\/articles\/3440196-should-i-use-a-founders-agreement-or-a-shareholders-agreement\">RELATED READING: Should I Use a Founders&#8217; Agreement or a Shareholders&#8217; Agreement?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"E240\"><span class=\"ez-toc-section\" id=\"Non-Disclosure_Agreement_NDA\"><\/span><a href=\"https:\/\/zegal.com\/non-disclosure-agreement\/\"><span id=\"E241\" class=\"qowt-font6-Arial\">Non-Disclosure Agreement (NDA)<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p id=\"E242\"><span id=\"E243\" class=\"qowt-font6-Arial\">As a startup company, a <\/span><span id=\"E244\" class=\"qowt-font6-Arial\">non-disclosure agreement<\/span><span id=\"E245\" class=\"qowt-font6-Arial\"> may seem like an unnecessary and arbitrary big-business practice inapplicable to the minutiae of business ideas and values of a smaller brand yet to reach the apex of recognition on the business market.<\/span><\/p>\n\n\n\n<p><span id=\"E245\" class=\"qowt-font6-Arial\">The NDA is protection for a vast abundance of private information that you may not want employees or partners publicising or stealing. <\/span><\/p>\n\n\n\n<p><span id=\"E245\" class=\"qowt-font6-Arial\">Startup companies are in an especially vulnerable position, with every partnership capable of acting as a catalyst for growth, or, alternatively, an opportunity for competition in an environment where you need to ensure trust and candid discussions with potential partners.<\/span><\/p>\n\n\n\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/strictly-confidential-non-disclosure-agreement\/\">FURTHER READING: Strictly Confidential? You need a Non-Disclosure Agreement<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"E247\"><span class=\"ez-toc-section\" id=\"Employee_Contracts_and_Offer_Letters\"><\/span><a href=\"https:\/\/zegal.com\/employment-contract\/\"><span id=\"E248\" class=\"qowt-font6-Arial\">Employee Contracts and Offer Letters<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p id=\"E249\"><span id=\"E250\" class=\"qowt-font6-Arial\">In the early stages of establishing a company, it is important that the business strictly outlines what is expected of its employees within <\/span><span id=\"E251\" class=\"qowt-font6-Arial\">Employee Contracts. <\/span><span id=\"E252\" class=\"qowt-font6-Arial\">These legally enforceable contracts are useful as they can also enforce confidentiality obligations through <\/span><span id=\"E253\" class=\"qowt-font6-Arial\">assignment of intellectual property provisions<\/span><span id=\"E254\" class=\"qowt-font6-Arial\"> and working hours which abide by the UK government\u2019s <\/span><span id=\"E255\" class=\"qowt-font6-Arial\">Working Time Directive (WTD). <\/span><\/p>\n\n\n\n<p><span id=\"E256\" class=\"qowt-font6-Arial\">As part of the UK\u2019s <\/span><span id=\"E257\" class=\"qowt-font6-Arial\">PAYE Scheme<\/span><span id=\"E258\" class=\"qowt-font6-Arial\">, if an employee earns more than \u00a310,000, the employer must enrol employees into a pension scheme, which should also be outlined within their employee contracts. <\/span><\/p>\n\n\n\n<p><span id=\"E258\" class=\"qowt-font6-Arial\">Other details an employee contract may include:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span id=\"E261\" class=\"qowt-font6-Arial\"><a href=\"https:\/\/zegal.com\/employment-contract\/\">Terms of employment<\/a> (responsibilities, working hours, grounds for termination etc.); <\/span><\/li>\n\n\n\n<li><span id=\"E263\" class=\"qowt-font6-Arial\" style=\"font-size: inherit; text-align: justify; background-color: #fefefe;\"><a style=\"font-size: inherit; text-align: justify; background-color: #fefefe;\" href=\"https:\/\/zegal.com\/assignment-of-intellectual-property-rights\/\">IP ownership of work;<\/a><\/span><\/li>\n\n\n\n<li><a style=\"font-size: inherit; text-align: justify; background-color: #fefefe;\" href=\"https:\/\/zegal.com\/employment-contract\/\">Expectations of employee<\/a><span style=\"font-size: inherit; text-align: justify;\">;<\/span><\/li>\n\n\n\n<li><a style=\"font-size: inherit; text-align: justify; background-color: #fefefe;\" href=\"https:\/\/zegal.com\/employee-handbook\/\">Required commitments<\/a><span style=\"font-size: inherit; text-align: justify;\">;<\/span><\/li>\n\n\n\n<li><a style=\"font-size: inherit; text-align: justify; background-color: #fefefe;\" href=\"https:\/\/zegal.com\/health-and-safety-policy\/\">Company policies<\/a><span style=\"font-size: inherit; text-align: justify;\"> (vacation days, paid time off structure, dress code etc.)<\/span><\/li>\n<\/ul>\n\n\n\n<p id=\"E271\"><span id=\"E272\" class=\"qowt-font6-Arial\">Employees in the UK are legally entitled to a written statement including terms and conditions such as pay, holidays, and working hours, within two months of starting work. These may either be <\/span><span id=\"E273\" class=\"qowt-font6-Arial\">express terms<\/span><span id=\"E274\" class=\"qowt-font6-Arial\"> which are set out in writing or agreed orally, <strong>e.g. work hours, sick pay, holiday pay,<\/strong><\/span><strong><span id=\"E275\" class=\"qowt-font6-Arial\"> <\/span><span id=\"E276\" class=\"qowt-font6-Arial\">or <\/span><\/strong><span id=\"E277\" class=\"qowt-font6-Arial\"><strong>implied terms<\/strong> <\/span><span id=\"E278\" class=\"qowt-font6-Arial\">which are incorporated into the contract through expectation, e.g. stealing or publicising confidential information. <\/span><\/p>\n\n\n\n<p><span id=\"E278\" class=\"qowt-font6-Arial\">Zegal provides <\/span><span id=\"E279\" class=\"qowt-font6-Arial\">Employment Contract Templates, <\/span><span id=\"E280\" class=\"qowt-font6-Arial\">providing startups with the essential and indispensable components of the contract such as statutory benefits, restrictions on financial interest and non-disclosure clauses.<\/span><\/p>\n\n\n\n<p id=\"E282\"><span id=\"E283\" class=\"qowt-font6-Arial\">By the same token, just as employee contracts enforce clarity regarding expectations held <\/span><span class=\"qowt-font6-Arial\">by the employer towards the employee and vice versa, <\/span><span id=\"E284\" class=\"qowt-font6-Arial\">bylaws<\/span><span id=\"E285\" class=\"qowt-font6-Arial\"> are also used to address the specific powers capable of being exercised by shareholders and directors. More specifically, these bylaws establish the company\u2019s internal rules, for example, dispute settlement, <\/span><span id=\"E286\" class=\"qowt-font6-Arial\">determining powers of shareholders, and leadership selection. <\/span><\/p>\n\n\n\n<p><span id=\"E286\" class=\"qowt-font6-Arial\">To facilitate these decisions, a <\/span><a href=\"https:\/\/zegal.com\/shareholders-resolution-to-appoint-directors\/\"><span id=\"E288\" class=\"qowt-font6-Arial\">Shareholders\u2019 Resolution to Appoint Directors <\/span><\/a><span id=\"E289\" class=\"qowt-font6-Arial\">can be used, while a <\/span><a href=\"https:\/\/zegal.com\/fast-agreement\/\"><span id=\"E290\" class=\"qowt-font6-Arial\">FAST (Founder Advisor Standard Template) Agreement <\/span><\/a><span id=\"E291\" class=\"qowt-font6-Arial\">may be especially useful to startup companies in need of a mentor-figure to advise them on development objectives in return for company shares in the future.<\/span><\/p>\n\n\n\n<p><span id=\"E291\" class=\"qowt-font6-Arial\">Having bylaws in place protects the startup&#8217;s long term organisational integrity and confidence in avoidance from conflict.<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"897\" src=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1-1024x897.jpg\" alt=\"\" class=\"wp-image-29376\" srcset=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1-1024x897.jpg 1024w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1-300x263.jpg 300w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1-768x672.jpg 768w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1-640x560.jpg 640w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1-1200x1051.jpg 1200w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1-1920x1681.jpg 1920w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/adult-chart-close-up-1043514-1.jpg 2000w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 770px\" \/><\/figure>\n\n\n\n<p id=\"E293\"><span id=\"E294\" class=\"qowt-font6-Arial\">One document that should be included within a company\u2019s bylaws to expedite the process of conflict resolution is a given <\/span><span id=\"E295\" class=\"qowt-font6-Arial\">Founder\u2019s Schedule, <\/span><span id=\"E296\" class=\"qowt-font6-Arial\">which determines how a company will efficiently manage its time, prioritising both \u2018making\u2019 and \u2018meeting\u2019 in equilibrium so as to support the streamlined and constant workflow efficiency of the business even in its earliest days. Furthermore, a <\/span><span id=\"E297\" class=\"qowt-font6-Arial\"><a href=\"https:\/\/zegal.com\/share-vesting-agreement\/\">Vesting Schedule<\/a> <\/span><span id=\"E298\" class=\"qowt-font6-Arial\">may also be addressed within your startup\u2019s <\/span><span id=\"E299\" class=\"qowt-font6-Arial\">bylaws <\/span><span id=\"E300\" class=\"qowt-font6-Arial\">in order to protect the parties\u2019 ownership rights over the company. <\/span><\/p>\n\n\n\n<p><span id=\"E300\" class=\"qowt-font6-Arial\">In this way, the scheme allows employees and employers to benefit from the success of the company, even in the case of a founder leaving the company. The process always involves a specific <\/span><span id=\"E301\" class=\"qowt-font6-Arial\">vesting schedule<\/span><span id=\"E302\" class=\"qowt-font6-Arial\">, which determines when the employee has full ownership of the specific asset or how much of the stock the business can acquire back in case the person leaves. Vesting schemes will include a <\/span><span id=\"E303\" class=\"qowt-font6-Arial\">Cliff Clause, <\/span><span id=\"E304\" class=\"qowt-font6-Arial\">which holds that parties leaving the company within the first year of business do not keep the equity they owned; alternatively, if a party leaves after two years, they may retain 50% of what they owned.<\/span><span id=\"E305\" class=\"qowt-font6-Arial\">&nbsp;<\/span><\/p>\n\n\n\n<p id=\"E307\"><span id=\"E308\" class=\"qowt-font6-Arial\">Transitioning a startup into a scale up company is often seen as a laborious, time-consuming and meticulous task, however, Zegal\u2019s customisable contract and agreement templates have made constructing contracts and ensuring that the daily functioning of the company remains effective and efficient more streamlined than ever, making way for ever-evolving, beneficial changes at an even faster rate.<\/span><\/p>\n\n\n\n<p><em><span style=\"font-weight: 400;\">Ching Hei Cheung is a first-year law student and aspiring solicitor studying at the University of Bristol. She is involved in a myriad of extra-curricular activities such as debating team where she has obtained first place in a national competition judged by a panel of legal professionals from Baker McKenzie, commercial awareness society and pro-bono <\/span><span style=\"font-weight: 400;\">society, in order to refine existing skills in public speaking and negotiations, as well as develop a greater understanding of the commercial market that encapsulates the everyday workings of the legal sector. She is currently interning with Zegal Content Team.<\/span><\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><b><i>This article does not constitute legal advice.<\/i><\/b><\/p>\n\n\n\n<p class=\"has-text-align-center\"><i>The opinions expressed in the column above represent the author\u2019s own.<\/i><\/p>\n\n\n\n<p class=\"has-text-align-center\"><span class=\"s1\"><a href=\"https:\/\/register.zegal.com\/\"><b>Start managing your legal needs with Zegal today<\/b><\/a><\/span><\/p>\n\n\n\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/common-startup-mistakes\/\">READ MORE: 21 most common startup Mistakes<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/angel-investors-vs-vcs-pros-cons\/\">READ MORE: Angel Investors Vs VCs: Pros and Cons<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/set-up-business-singapore\/\">READ MORE: 5 Reasons To Set Up Your Business In Singapore<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ensure that your business achieves its full potential by establishing the right legal foundations to protect your intellectual property, employment and tax issues straight from start up to scale up. Taking your business ideas into fruition is undoubtedly no easy feat. What\u2019s more, without the valid legal infrastructure in place to outline the relationships between [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":29382,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","inline_featured_image":false,"footnotes":""},"categories":[14278,14281],"tags":[8005,8004,8003,7963,6919,10307],"usecases":[13715,13716,13719],"businesstypes":[],"country":[13739],"class_list":["post-29148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-management","category-legal","tag-non-disclosure-agreement","tag-shareholders-agreement","tag-start-up-legal-documents","tag-start-up-toolkit","tag-uk","tag-z-syndicate","usecases-set-up-a-founders-agreement","usecases-set-up-a-shareholders-agreement","usecases-sign-an-nda","country-united-kingdom"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.8 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UK Startups: Essential Legal Documents for Your Business | Zegal Hong Kong<\/title>\n<meta name=\"description\" content=\"Ensure your business&#039; future with the right legal foundations to protect intellectual property, employment and tax issues from start up to scale up.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zegal.com\/en-hk\/wp-json\/wp\/v2\/posts\/29148\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Startups: Essential Legal Documents for Your Business\" \/>\n<meta property=\"og:description\" content=\"Ensure your business&#039; future with the right legal foundations to protect intellectual property, 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