Do you, as shareholders of a company, have a customized instrument that reflects and supports how you wish and have agreed to manage your company?
In general, agreements of this nature respond to a private contract through which shareholders, freely and in protection of their best interests, foresee and establish from basic elements of the day-to-day operation of the company, to more complex and sensitive matters, such as the participation of family members, treatment of profits, and the management of potential sale scenarios. In a slightly more colloquial way, we could define it as the mandatory regulations manual, under which shareholders explicitly agree and instruct in writing how they want their company to be managed and operated.
Among the many advantages of said agreements, it stands out that they are adaptable to the conditions and needs of each operation and the dynamics of the shareholders, and can be modified to adjust to the different realities of the company as long as all shareholders agree. In practice, the main aspects that are expressly regulated and foreseen in these agreements, are:
