Asutamislepingut

Asutamislepingut, often translated as a foundation agreement or articles of association, is a fundamental legal document required for the establishment of a company or other legal entity in many jurisdictions. It outlines the core principles and operational framework of the entity. Typically, an asutamislepingut details the name of the entity, its purpose or business objective, the registered office address, and the initial share capital or assets contributed by the founders.

Furthermore, this agreement specifies the rights and obligations of the founders or shareholders, including details on how profits and losses will be distributed. It often designates the initial management structure, such as the board of directors or managing partners, and outlines their responsibilities and powers. The asutamislepingut may also include provisions for the admission of new members or shareholders, as well as procedures for dissolution or liquidation of the entity.

The formation of an entity is contingent upon the proper drafting and registration of the asutamislepingut with the relevant authorities. This document serves as the constitution of the legal entity, governing its internal affairs and defining its relationship with external parties. Amendments to the asutamislepingut usually require a formal process, often involving a resolution by the shareholders or members and subsequent registration. Its existence ensures legal clarity and provides a basis for dispute resolution.