Document background
The Pre-Incorporation Founders Agreement serves as the foundational document for entrepreneurs establishing a new company in Austria. This agreement is essential when two or more founders are planning to establish a company but haven't yet completed the formal incorporation process. It governs the pre-incorporation phase under Austrian law, addressing critical elements such as ownership structure, capital contributions, and founder responsibilities. The document is particularly important for protecting founders' interests and maintaining clarity in their relationships while navigating the Austrian incorporation process. It typically precedes the formal company constitution documents (Gesellschaftsvertrag) and helps prevent future disputes by clearly documenting initial agreements and commitments between founders.
