Cyprus, UK, USA, Netherlands
Experience drafting SHAs worldwide.
Shareholders agreement
We Create Shareholders Agreements for Founders
Why Us
Because Every SHA Has Its Own Story
We work efficiently and systematically with startups.
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10+ Years in the IT Market
We have expertise in IT contracts and shape industry trends.
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Supporting Startup Investments
We work with SAFE and convertible notes.
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Portfolio of Successful Startups
Our clients have millions of users.
SHA Lifecycle – SHA Lifecycle – SHA Lifecycle – SHA Lifecycle – SHA Lifecycle – SHA Lifecycle – SHA Lifecycle – SHA Lifecycle –
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01
Company Registration
At this stage, the founders sign the SHA. -
02
First Seed Investment
The investor reviews the SHA but enters through a SAFE. -
03
Investment Round
New holders of preferred shares emerge, and the SHA is amended. -
04
Another Investment Round
Investors in the new round receive their shares, and the SHA is amended. -
05
Exit of the First Investors
Investors/funds complete a successful exit, and the SHA is amended once again. -
06
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And what will the story of your SHA be?
Key Sections of an SHA
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Ownership Structure
We determine who owns what, how much, and most importantly, which classes of shares. -
Implementation of Different Classes of Shares
We explain which shares have been issued, which have not been issued, which will be issued, and what their specific features are. -
Board of Directors
A section covering the activities of the board of directors: appointments, responsibilities, and operational details. -
General meeting of Shareholders
A section covering shareholder meetings: how they are conducted, who has which rights, and which decisions are adopted. -
Further Funding
Goals for future funding and investment plans. -
Information rights of the Shareholders
Details of shareholders' information rights — what they are and how they are exercised. -
Distribution of Dividends
If dividends are distributed, will they be immediately reinvested? -
Accounting Standards and Policies
We determine how accounting and reporting will be maintained. -
Transfer Restrictions
A key section on restrictions regarding the sale of shares. -
Drag-along
A provision granting a majority shareholder the right to compel minority shareholders to join a share sale transaction. -
Tag-along
A provision granting minority shareholders the right to participate in a sale by a majority shareholder on the same terms. -
Grant of Liquidation Preference
Terms governing the distribution of assets if the company becomes insolvent or fails to achieve its objectives. -
Non-Competition provisions
Terms restricting founders from competing with the company’s business. -
Governing Law
The applicable law (usually the law of the country of incorporation).
How Much Does It Cost?
€120/hour
Depends on the complexity and scope of the request.
Legal IT Group in the ULF Ranking 2023–2024
Recognized Experts in IT Law
Team
Key Specialists Who Will Help with SHAs
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How does Legal IT Group assist with GDPR and CCPA compliance?
To protect copyrights in IT, it is important to record your authorship (date of creation, registration with Ukrpatent), enter into agreements with clear terms, use product licenses, sign NDAs with partners, and implement digital watermarks or signatures in products. If your rights are violated, contact legal experts, such as Legal IT, who can help you monitor violations and take legal action to protect your intellectual property.
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How does Legal IT Group support with gig contracts and IT contracts?
To protect your copyright in IT, it is important to record your authorship (date of creation, registration with Ukrpatent), enter into contracts with clear terms, use product licenses, sign NDAs with partners, and implement digital watermarks or signatures in products. If your rights are violated, contact legal experts, such as Legal IT, who can help you monitor violations and take legal action to protect your intellectual property.
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How does Legal IT Group help with trademark protection in the US, EU, and the UK?
To protect copyrights in IT, it is important to record your authorship (date of creation, registration with Ukrpatent), enter into contracts with clear terms, use product licenses, sign NDAs with partners, and implement digital watermarks or signatures in products. If your rights are violated, contact legal experts, such as Legal IT, who can help you monitor violations and take legal action to protect your intellectual property.
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How does Legal IT Group assist in copyright protection?
To protect copyrights in IT, it is important to record your authorship (date of creation, registration with Ukrpatent), enter into contracts with clear terms, use product licenses, sign NDAs with partners, and implement digital watermarks or signatures in products. If your rights are violated, contact legal experts, such as Legal IT, who can help you monitor violations and take legal action to protect your intellectual property.
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How does Legal IT Group assist with AI compliance and AI regulation?
Legal IT Group provides GDPR (EU) and CCPA (California) compliance services with the support of a professional team holding CIPP/E, CIPP/US, CIPM, CIPT, LLM, and FIPP certifications. The firm helps conduct GDPR audits, draft GDPR documentation (such as Privacy Policy, RoPA, DPA, TIA, LIA, DPIA, etc.), respond to Data Subject Requests, and deliver GDPR training sessions for your team. Legal IT Group also acts as an external DPO for international companies processing millions of users’ data.
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How does Legal IT Group help businesses with cybersecurity and cybersecurity compliance?
Legal IT Group supports companies on matters of cybersecurity, regulatory compliance, and cyber risk management. It assists with implementing the requirements of NIS2, DORA, the Cyber Resilience Act (CRA), GDPR, HIPAA, and other international information security standards. Legal IT Group conducts cybersecurity audits and gap assessments, develops cybersecurity policies and procedures, supports incident response and data breach handling, and advises on risk management, business continuity, supply chain security, and regulatory engagement. Legal IT Group also delivers training for management and staff, and helps product and technology companies achieve compliance with the requirements for operating in the EU market.
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Which major corporate clients does Legal IT Group work with?
The Legal IT Group team works with both startups and large companies, including:
Aurora Multimarket — one of the largest Ukrainian one-dollar-store retail chains.
YouControl — a Ukrainian analytics platform for counterparty verification, company analysis, court records, sanctions lists, and corporate ownership structures.
Nova Poshta — Ukraine’s largest private logistics company, providing delivery services within Ukraine and internationally.
MacPaw — a Ukrainian product IT company known for developing software for macOS and iOS.
UKR.NET — one of Ukraine’s largest internet companies, operating an email service, news portal, and other digital services.
Readdle — an international product IT company of Ukrainian origin, developer of popular mobile applications.
ZONE3000 — a major Ukrainian IT company providing software development, technical support, and digital product services to international clients.
Yuriia-Farm — one of Ukraine’s leading pharmaceutical companies, represented in numerous international markets.
Snov.io — a Ukrainian SaaS platform for sales automation, prospect contact discovery, email marketing, and lead management.
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What are the fees for Legal IT Group's legal services?
Legal IT Group’s fees depend on the complexity of the project, the scope of work, and the specialists involved. The base hourly rate starts from €120 per billable hour of attorney work. Where a project is personally handled by the practice head or managing partner, the rate is €200 per billable hour.