Insights

Education

Key differences between ADGM and DIFC

The ADGM and the DIFC are financial free zones in the UAE with independent jurisdictions exempted from the UAE’s civil and commercial laws. For founders looking for a place to register a new business, both are great jurisdictions to choose from.

Founders Agreement vs Shareholders Agreement

The key elements of both Founders Agreements and Shareholders Agreements may vary depending on the specific circumstances and needs of the company. There might be overlaps between the two documents, but the difference can be found in the main elements of each.

Protecting your business with non-competes

One way to protect your startup from unfair competition is to include non-compete clauses in your employment contracts. You could also have a non-compete in the shareholders agreement that you sign with your investors.

SAFE, KISS, Convertible Loan – What’s the difference

Raising money for a start-up can take many different forms. One way is to use convertible instruments such as convertible notes, SAFEs and KISSs. When using a convertible, the start-up receives the investment but does not issue shares at that stage. The agreement can 'convert' into shares in the future.

investor rights

Guide to investor rights

When we refer to investors' rights, we refer to the legal and financial protection granted to investors when receiving shares in a start-up. It can also refer to certain privileges. In the early stages, a start-up can raise funds through convertibles. The founder will receive the money but does not need to issue shares at that stage.

A guide to Founders Agreements

In the excitement and enthusiasm of starting a new business, formalising agreements are often overlooked. Startup founders are often friends or acquaintances, and it is easy to fall into the trap of only discussing roles, responsibilities, ownership structures and other important matters verbally. This can be dangerous.

What are you waiting for?

Get started with Clara today.

Join more than 5,000 businesses who save time and money on legal and admin work.

Open chat
Hello 👋
Can we help you?