Document background
The Co-Founder Agreement serves as a foundational document for businesses establishing operations in Hong Kong, typically used when two or more individuals join forces to launch a new venture. It provides essential legal protection and clarity regarding ownership, management, and operational aspects of the business relationship. This document is particularly crucial in Hong Kong's dynamic business environment, where clear delineation of roles and responsibilities is vital for successful business operations. The agreement includes provisions for equity distribution, decision-making processes, intellectual property rights, and exit mechanisms, all aligned with Hong Kong's legal framework and business practices. It helps prevent future disputes by establishing clear guidelines and expectations from the outset of the business relationship.
