Source: https://wlt.lt/en/services/business-law.html
Language: en

04 · Competence area

# Business law

A legal business structure should work today while helping manage risk, attract investment, organise partner relations and prepare for change.

Wise Law

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## Business decisions are assessed together with their legal and economic consequences

We advise on company formation and governance, shareholders’ agreements, transactions, business separation, reorganisations and international structures.

The work covers not only the document but the full logic of the solution: control, funding, allocation of risk, deadlock, exit and implementation.

01

### Company formation and governance

Choice of legal form, articles, management bodies, representation, decision-making and information rights.

02

### Shareholder and partner agreements

Voting, funding, distributions, transfers, non-compete obligations, exits and deadlock resolution.

03

### Transactions, reorganisations and separation

Share and asset transactions, mergers, divisions, conversions, separation of business lines and preparation for sale.

04

### International business structures

Coordination of foreign company formation and governance with legal and tax advisers in the relevant jurisdiction.

## How we work

01 **Business objective and risk**

We identify what the legal structure must achieve and what risks should be separated.

02 **Documents and decision mechanisms**

We prepare constitutional documents, agreements, resolutions and an implementation plan.

03 **Implementation and coordination**

We coordinate registration, transaction, reorganisation and foreign-adviser workstreams.

Insights

## Articles on this area

Business law · Shareholder disputes

### Court investigation of a legal entity: when is it useful and where should you start?

The mandatory pre-action request, its content and timing, the role of experts and the difference between an investigation and a compulsory share sale.

[Read](https://wlt.lt/en/insights/investigation-of-legal-entity-activities.html)

Business law · Shareholder disputes

### Compulsory sale of shares or membership interests: grounds, process and price

Buying another participant’s stake versus requiring purchase of your own: legal conditions, the two court stages, valuation and payment.

[Read](https://wlt.lt/en/insights/compulsory-sale-of-shares.html)

Business law

### When should business activities be separated into different companies?

Separating activities, assets and risks may simplify investment, sale and liability management.

[Read](https://wlt.lt/en/insights/business-separation.html)

Business law

### Shareholders’ agreement: what should be agreed before a conflict arises?

A shareholders’ agreement should address governance, funding, transfers, exits, non-compete obligations and deadlock-resolution mechanisms.

[Read](https://wlt.lt/en/insights/shareholders-agreement.html)

DUK / FAQ

## Frequently asked questions

### When does a holding structure make sense?

Where activity and asset risks should be separated, several companies managed together, investment prepared for or a business line potentially sold.

### When should activities be separated into different companies?

Where they have different risks, partners, investors, assets or strategic goals.

### What should a shareholders’ agreement cover?

Governance, voting, funding, distributions, transfers, exits, non-compete obligations and deadlock resolution.

### Can you coordinate company formation abroad?

Yes. We help plan the structure and coordinate formation with legal, tax and other advisers in the relevant jurisdiction.

Principal contacts: [Linas Kiaurakis](https://wlt.lt/en/team/linas-kiaurakis.html) · [Regimantas Sriebalius](https://wlt.lt/en/team/regimantas-sriebalius.html) · [Edenas Leleiva](https://wlt.lt/en/team/edenas-leleiva.html). Information on this website is general and does not replace an individual assessment of a specific matter.

[Discuss your matter](https://wlt.lt/en/#contact)

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## Related competence areas

[Related competence areas **Tax law**](https://wlt.lt/en/services/tax-disputes.html) [Related competence areas **Insolvency law**](https://wlt.lt/en/services/bankruptcy-restructuring.html)

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