Corporate Structuring

At Kilam Law, our Startup and Venture Capital Department is dedicated to helping startups navigate the complexities of corporate restructuring. Whether you're incorporating a new business or establishing an agreement among partners or shareholders, we offer a wide range of services designed to ensure your business is built on a solid legal foundation. Here’s how we can assist with your corporate restructuring needs:

Business entity formation

Starting a new business or restructuring an existing one can be a daunting task, especially when it comes to choosing the right business entity. Kilam Law steps in to simplify the process, offering expertise in company incorporation and ensuring that all filings are done correctly and efficiently. We assist with the registration of the following business structures:

• Single Member Company ("SMC"): If you plan to run your business alone but want to limit your liability, an SMC might be the right choice. As the sole promoter, shareholder, and director, you maintain full control over your business.
• Partnership Firm: For businesses where two or more individuals come together for mutual growth, a partnership firm can be registered under the Partnership Act, 1932. We can help you draft the partnership deed and ensure compliance with the law.
• Limited Liability Partnership ("LLP"): A relatively new business structure in Pakistan, the LLP combines the flexibility of a partnership with the limited liability of a corporation. This structure is governed by the Limited Liability Partnership Act, 2017, and Kilam Law can assist with the registration and compliance process.
• Private Limited Company: If you need additional capital and skilled human resources to grow your business, registering a private limited company is an excellent option. At least two directors are required, and our team will guide you through the registration and operational structure of your private limited company.
• Sole Proprietorship: For individual entrepreneurs, a sole proprietorship allows you to have complete control of your business and enjoy all profits, while also assuming responsibility for the liabilities and debts incurred.
• Holdco Registration: A holding company, or parent company, owns controlling interests in subsidiary companies. If you're considering forming a holding company, we can help determine the best jurisdiction for your needs and assist with the registration and ongoing maintenance of the entity.

Shareholding agreement

A Shareholders' Agreement is essential for outlining the rights and obligations of shareholders, as well as the management and operation of the company. Regardless of the size of your company, it is recommended to have a shareholder agreement in place before you start business operations. This ensures that all shareholders are aligned on key aspects of the company’s governance and their respective rights. We can tailor a shareholding agreement specifically for your business to prevent misunderstandings and protect your interests.

Founders agreement

A Founders Agreement is a critical document that governs the relationships between business founders. It outlines the rights, responsibilities, liabilities, and obligations of each founder, and safeguards against potential disputes that could arise down the road. Having a well-crafted founders agreement in place from the beginning helps ensure that all founders are clear on their roles and prevents future conflicts that could hinder the growth of your business.