Document background
A Simple Shareholder Agreement under Belgian law is essential for companies seeking to establish clear rules and procedures governing the relationship between their shareholders. This document becomes particularly relevant when establishing a new company, bringing in new shareholders, or formalizing existing shareholder arrangements. The agreement ensures compliance with the Belgian Code of Companies and Associations while addressing crucial aspects such as share transfers, voting rights, board composition, and dividend policies. It serves as a preventive measure against potential conflicts and provides mechanisms for dispute resolution. The Simple Shareholder Agreement is particularly suitable for small to medium-sized enterprises with a relatively straightforward shareholding structure, where shareholders wish to establish basic protections and governance procedures without overly complex arrangements.
