Document background
The Shareholders Agreement and Share Subscription Agreement is a fundamental document used in Belgian corporate transactions when new investors are joining a company through the subscription of new shares. It serves two primary purposes: documenting the terms of the share subscription and establishing the ongoing relationships between all shareholders. This document is particularly crucial in private companies, start-ups, and scale-ups seeking investment, as it provides clarity on governance, share transfers, and shareholder rights while ensuring compliance with Belgian corporate law. The agreement needs to align with the Belgian Code of Companies and Associations (BCCA) and typically includes provisions for board composition, reserved matters, transfer restrictions, and exit mechanisms. It's commonly used in venture capital and private equity investments, as well as in family businesses bringing in external investors.
