Shareholder-Issues: When a business is in its early stages, the prospects of an eventual sale or change in ownership structure can seem very distant. Decisions are often taken about shareholder issues, which create legal and commercial problems for shareholders that can prove to be very expensive and time consuming to resolve. This note, drafted in July 2012, and reproduced by kind permission of Deloitte, looks at some of the key areas that can get overlooked when a business is in its early days.
HMRC Guidance: HMRC guidance on the acquisition of shares in University spinout companies