Legal That Works - great legal service for businesses in Malaysia
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More than 10+ years of providing legal service in Malaysia

Entry Level Shareholders Agreement for New Business Partnerships

Partner smart, not blind. Protect your business vision before handshakes turn into heartbreak.

Real lawyers for real businesses

Legal That Works - great legal service for businesses in Malaysia
Legal That Works logo

More than 10+ years of providing legal service in Malaysia

Entry Level Shareholders Agreement for New Business Partnerships

Partner smart, not blind. Protect your business vision before handshakes turn into heartbreak.

Real lawyers for real businesses

You've found the perfect business partner. Same vision, complementary skills, shared excitement about building something meaningful together. But what happens when success arrives and profit-sharing becomes a battlefield? What if your partner wants to sell their shares to your competitor? What if they stop contributing but demand equal profits? What if personal disputes destroy business decisions? What if one partner dies and their spouse inherits control? Without proper agreements, your entrepreneurial dream becomes a legal nightmare where friendships shatter, businesses collapse, and years of hard work vanish in bitter courtroom battles.

Shareholders Agreement (Simple Structure)

Comprehensive shareholders agreement framework for new business partnerships, including governance structure, profit sharing, and exit provisions for business under RM 2 million annual revenue.

Your Vision, Backed by the Right Legal Support

You build the business. We help you protect it.

You're ready to build something extraordinary with the right partner by your side. Two minds, shared risks, multiplied potential. Together, you can achieve what solo entrepreneurs struggle to reach. But partnership anxiety creeps in. What if expectations misalign? What if commitment levels differ? What if success creates conflict instead of celebration? Legal That Works transforms partnership uncertainty into structured collaboration. We create clear frameworks that protect individual interests while strengthening collective success. Your entrepreneurial partnership deserves legal foundation, not wishful thinking.

Who this service if for

This Is For You If…

  • Aspiring entrepreneurs forming new business partnerships with co-founders

  • Startup founders seeking structured equity arrangements with business partners

  • Friends or colleagues launching ventures together needing clear agreements

  • Technical experts partnering with business development professionals

  • Early-stage entrepreneurs with complementary skills forming joint ventures

  • New business partners requiring governance structure before operations begin

What we will do for you

This is what we will do for you

Legal That Works creates comprehensive shareholders agreements for new business partnerships. We structure equity arrangements, decision-making processes, and exit mechanisms that protect all partners while enabling collaborative success. Our team develops governance frameworks, profit-sharing models, and dispute resolution procedures. You receive complete legal documentation and clear guidance that transforms partnership anxiety into confident business collaboration.

What’s Included

What’s Included in our service for you

Discovery Business and Objective

(Value: RM

1,500

)

Term Sheet

(Value: RM

2,500

)

Shareholders Agreement

(Value: RM

2,500

)

Basic Company Constitution Guide

(Value: RM

2,500

)

Briefing

(Value: RM

10,500

)

Total Value You Receive:

RM

22,000

Our Offer:

RM

5,500

Only!

Why Choose Legal That Works?

Why Choose Us To Assist You?

Digital-first

No office visit required—review and sign online

Transparent fees

Fixed price, no billing surprises

Deep experience

Various contracts across industries

Accessible

Our client portal keeps you informed

We've Helped

You Need To Act Now

Important: Limited Slots

Partnership conflicts escalate quickly without proper structure. Every day you delay, misunderstandings multiply. Expectations diverge. Resentment builds. Early decisions create precedents that become impossible to change later. Legal That Works accepts only ten new partnership agreements monthly. Our founder-focused approach requires intensive partner involvement, limiting capacity to ensure exceptional quality for startup ventures. Your business partnership needs structure before problems arise. Book your Clarity Call this week before we reach capacity and your partnership dream fractures from lack of legal foundation.

Nothing to Lose. Everything to Protect.

No Surprises. No Guesswork. Just Legal That Works.

Before anything starts, we speak with you to understand your business and make sure the service is the right fit. If it is not, we will say so upfront. No pressure. No wasted time. We only take on matters we are confident we can deliver with quality. That is why business owners trust us to get it right.

Take Action Now

Submit the contact form

Go through a discovery session with our lawyer

We will come out with a proposal to assist you.

Take Action Now

Submit the contact form

Go through a discovery session with our lawyer

We will come out with a proposal to assist you.

Fully Licensed Solicitor

Professionally Insured

Proven Track Record

Fully Licensed Solicitor

Professionally Insured

Proven Track Record

Frequently Asked Questions

What is Legal That Works?

Legal That Works is a digital-first legal service designed by ASCO LAW (Messrs Akmal Saufi & Co) specifically for business owners and founders. We help you structure, grow, and protect your business through practical legal solutions—delivered fast, in plain English & Bahasa Malaysia, and with no office visit required.

What is Legal That Works?

Legal That Works is a digital-first legal service designed by ASCO LAW (Messrs Akmal Saufi & Co) specifically for business owners and founders. We help you structure, grow, and protect your business through practical legal solutions—delivered fast, in plain English & Bahasa Malaysia, and with no office visit required.

What if I’m not sure what legal service I need?

No problem. Most business owners aren’t legal experts! Just reach out. Our team will guide you to the right service or help you understand your options—without jargon or upselling.

What if I’m not sure what legal service I need?

No problem. Most business owners aren’t legal experts! Just reach out. Our team will guide you to the right service or help you understand your options—without jargon or upselling.

We're just friends starting a simple business. Do we really need a formal shareholders agreement?

Friendship doesn't protect your investment when money gets involved. The closer the relationship, the messier the breakup. A shareholders agreement preserves your friendship by preventing disputes before they start.

We're just friends starting a simple business. Do we really need a formal shareholders agreement?

Friendship doesn't protect your investment when money gets involved. The closer the relationship, the messier the breakup. A shareholders agreement preserves your friendship by preventing disputes before they start.

What happens if we don’t have a shareholders agreement?

You risk deadlock, unclear exits, and exposure if a founder leaves, passes away, or sells. Without an agreement, the law decides — and it rarely favours business continuity.

What happens if we don’t have a shareholders agreement?

You risk deadlock, unclear exits, and exposure if a founder leaves, passes away, or sells. Without an agreement, the law decides — and it rarely favours business continuity.

What if we haven't decided on exact equity splits yet?

We'll guide you through equity allocation scenarios and help structure fair splits based on contributions, roles, and future commitments. Our process includes equity planning consultation.

What if we haven't decided on exact equity splits yet?

We'll guide you through equity allocation scenarios and help structure fair splits based on contributions, roles, and future commitments. Our process includes equity planning consultation.

What happens if one partner wants to leave the business?

Our agreements include comprehensive exit provisions covering share valuation methods, transfer restrictions, and buyout procedures. We protect remaining partners while ensuring fair treatment for departing partners.

What happens if one partner wants to leave the business?

Our agreements include comprehensive exit provisions covering share valuation methods, transfer restrictions, and buyout procedures. We protect remaining partners while ensuring fair treatment for departing partners.

What if partners disagree on major business decisions?

We include dispute resolution mechanisms ranging from mediation to arbitration, plus deadlock-breaking procedures. Clear decision-making authority levels prevent most conflicts from escalating.

What if partners disagree on major business decisions?

We include dispute resolution mechanisms ranging from mediation to arbitration, plus deadlock-breaking procedures. Clear decision-making authority levels prevent most conflicts from escalating.

Are your services affordable?

Our transparent fee structure means no billing surprises. Membership unlocks the best rates, but even one-off services are designed to be clear and competitive. You’ll always know what you pay.

Are your services affordable?

Our transparent fee structure means no billing surprises. Membership unlocks the best rates, but even one-off services are designed to be clear and competitive. You’ll always know what you pay.

Who will be helping me?

All our services are delivered by our licensed lawyers under the Malaysian Bar with proven experience across industries. You’ll work with a real legal team, not chatbots or generic customer support.

Who will be helping me?

All our services are delivered by our licensed lawyers under the Malaysian Bar with proven experience across industries. You’ll work with a real legal team, not chatbots or generic customer support.

Is everything done online?

Yes. Our service is fully digital. You can consult, review documents, sign agreements, and access your files securely from anywhere. No office visit required unless you want to meet in person. No office visit is required. If you require us to attend at your office or outside meetings, additional charges will apply.

Is everything done online?

Yes. Our service is fully digital. You can consult, review documents, sign agreements, and access your files securely from anywhere. No office visit required unless you want to meet in person. No office visit is required. If you require us to attend at your office or outside meetings, additional charges will apply.

What’s the difference between One-Off Service and Membership?

(1) One-Off Service: Pay for what you need, when you need it. Perfect for single transactions or urgent matters (2) Membership: Subscribe for ongoing access, priority support, and special pricing. Membership means you get a legal partner who truly understands your business.

What’s the difference between One-Off Service and Membership?

(1) One-Off Service: Pay for what you need, when you need it. Perfect for single transactions or urgent matters (2) Membership: Subscribe for ongoing access, priority support, and special pricing. Membership means you get a legal partner who truly understands your business.

Legal That Works (Messrs Akmal Saufi & Co) is a Malaysian digital first legal services firm providing services across multiple industries and practice area.

All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2025
Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.

Legal That Works (Messrs Akmal Saufi & Co) is a Malaysian digital first legal services firm providing services across multiple industries and practice area.

All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2025

Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.