¶¶Òõ¶ÌÊÓÆµ

Limited Company Agreement Template for England and Wales

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Limited Company Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Limited Company Agreement

"I need a Limited Company Agreement for my new tech startup with three founding shareholders, incorporating specific provisions for future investment rounds and a detailed share vesting schedule for the founders."

What is a Limited Company Agreement?

The Limited Company Agreement serves as the cornerstone document for companies registered in England and Wales, typically implemented during company formation or when existing arrangements need updating. It provides comprehensive coverage of shareholding structures, management responsibilities, and operational procedures, while ensuring compliance with the Companies Act 2006 and related legislation. This agreement is essential for protecting shareholder interests, preventing disputes, and establishing clear governance frameworks for company operations.

What sections should be included in a Limited Company Agreement?

1. Parties: Identification and details of all parties to the agreement

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Share Capital: Details of company's share structure and classes

5. Directors and Management: Appointment, removal, and powers of directors

6. Shareholders' Rights and Obligations: Key rights and responsibilities of shareholders

7. Transfer of Shares: Procedures and restrictions for share transfers

8. General Meetings: Procedures for conducting company meetings

What sections are optional to include in a Limited Company Agreement?

1. Dividend Policy: Specific arrangements for dividend distributions - include when shareholders want specific dividend arrangements

2. Tag-Along Rights: Rights of minority shareholders to join in sale of shares - include when protecting minority shareholders

3. Drag-Along Rights: Rights of majority shareholders to force minority participation in sale - include when facilitating potential future sale

What schedules should be included in a Limited Company Agreement?

1. Schedule 1: Details of Shareholders: List of all shareholders and their shareholdings

2. Schedule 2: Reserved Matters: Decisions requiring special majority or unanimous consent

3. Schedule 3: Share Transfer Forms: Template forms for share transfers

4. Appendix A: Initial Business Plan: Company's initial business strategy and projections

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


































Clauses






























Industries

Companies Act 2006: Primary legislation governing company formation, operation, and regulation in the UK, including statutory duties of directors, shareholder rights, and corporate governance requirements

Small Business, Enterprise and Employment Act 2015: Legislation aimed at reducing barriers to small business growth and ensuring transparency in company ownership and control

Corporate Insolvency and Governance Act 2020: Recent legislation providing frameworks for corporate restructuring and governance, particularly relevant during financial difficulty

Company Names and Trading Disclosures Regulations 2015: Secondary legislation detailing requirements for company naming conventions and business disclosure obligations

Companies (Model Articles) Regulations 2008: Provides standard default articles of association for different types of companies in the UK

Company (Trading Disclosures) Regulations 2008: Specifies requirements for how companies must display and communicate their registered name and other company details

UK Corporate Governance Code: Set of principles and guidelines for good corporate governance practices in UK companies

Financial Services and Markets Act 2000: Regulatory framework for financial services companies and markets in the UK

Bribery Act 2010: Anti-corruption legislation that affects how companies must prevent and handle bribery and corruption

Modern Slavery Act 2015: Requires larger companies to ensure transparency in supply chains and prevent modern slavery practices

General Data Protection Regulation (GDPR): EU regulation incorporated into UK law governing data protection and privacy requirements for organizations

Data Protection Act 2018: UK's implementation of data protection standards, working alongside GDPR

Common Law Precedents: Body of case law establishing principles and precedents regarding company operations, directors' duties, and shareholder rights

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Standard LLC Agreement

An England & Wales legal document outlining the operational framework for a limited liability company.

find out more

Small Business Operating Agreement

An England & Wales legal document outlining governance and member roles for multi-owner small businesses.

find out more

Simple Operating Agreement For Two Member LLC

An England & Wales agreement defining rights and obligations for two-member LLCs, ensuring operational flexibility.

find out more

Simple Operating Agreement

An England & Wales legal document outlining business ownership, management, and profit distribution for SMEs.

find out more

Restaurant Operating Agreement

An England & Wales agreement governing restaurant operations, covering standards, compliance, financials, and risk management.

find out more

Real Estate Partnership Operating Agreement

An England & Wales legal document structuring joint real estate investments, defining contributions, profits, and management rights.

find out more

Professional LLC Operating Agreement

An England & Wales LLP agreement detailing governance and compliance for professional services firms.

find out more

Professional Limited Liability Company Operating Agreement

An England & Wales legal document outlining LLP governance for professional service providers.

find out more

Photography LLC Operating Agreement

An England & Wales legal document outlining operational guidelines for a photography business LLC.

find out more

Operating Service Agreement

An England & Wales contract outlining service standards and obligations for long-term operational relationships.

find out more

Operating Agreement Llp

An England & Wales agreement outlining LLP member roles, capital contributions, and dispute resolution procedures.

find out more

Operating Agreement For Trucking Company

An England & Wales legal document outlining roles and compliance for a multi-party trucking business.

find out more

Operating Agreement For Non Profit Corporation

An England & Wales legal document outlining governance and compliance for non-profit organizations.

find out more

Operating Agreement For Incorporation

An England & Wales legal document outlining company management, ownership, and governance under the Companies Act 2006.

find out more

Operating Agreement For Corporation

An England & Wales document outlining corporate governance and shareholder-director relationships for a corporation.

find out more

Operating Agreement Between Partners

An England & Wales legal document outlining partnership roles, responsibilities, and protocols to prevent business disputes.

find out more

Nonprofit LLC Operating Agreement

An England & Wales legal document outlining governance for a nonprofit structured as a Company Limited by Guarantee.

find out more

Non Profit Operating Agreement

An England & Wales legal document outlining governance for non-profit operations under Companies and Charities Acts.

find out more

Multi Member Managed LLC Operating Agreement

An England & Wales agreement outlining governance and member rights for a multi-member limited liability business structure.

find out more

Multi Member LLC Agreement

An England & Wales agreement outlining terms for multi-member business ventures with limited liability protection.

find out more

Members Agreement For LLC

An England & Wales legal document outlining LLC member roles, contributions, and dispute resolution procedures.

find out more

Management Agreement Between Two Companies

An England & Wales agreement outlining management services between two companies, detailing service terms and financial arrangements.

find out more

LLC Profit Interest Agreement

An England & Wales agreement granting profit interests in an LLC to incentivize key individuals or entities.

find out more

LLC Operating Agreement For Shared Vacation Home

An agreement for shared ownership and management of a vacation home in England & Wales.

find out more

LLC Membership Admission Agreement

An England & Wales agreement for admitting new LLC members, detailing rights, obligations, and compliance requirements.

find out more

LLC Member Control Agreement

An England & Wales agreement outlining internal operations and member relationships for limited liability entities.

find out more

LLC Equity Agreement

An England & Wales agreement detailing ownership and governance structures within a limited liability company.

find out more

LLC Bylaws

An England & Wales legal document outlining governance and operational guidelines for a private limited company.

find out more

Limited Liability Agreement

An England & Wales legal document outlining liability protection and operational rules for business owners.

find out more

Limited Company Agreement

An England & Wales legal document outlining company shareholding, management, and compliance with the Companies Act 2006.

find out more

Joint Operation Contract

An England & Wales contract outlining collaboration terms for joint business operations while maintaining separate legal identities.

find out more

Joint Operation Agreement

An England & Wales legal document outlining collaborative operational terms between separate legal entities.

find out more

Joint Operating Agreement

An England & Wales agreement managing multi-party ventures, defining roles, voting, and risk-sharing in capital-intensive sectors.

find out more

Investment Fund Operating Agreement

An England & Wales legal document governing investment fund operations, ensuring compliance and protecting managers' and investors' interests.

find out more

Independent Contractor Operating Agreement

An England & Wales legal document defining terms for engaging external service providers, ensuring compliance with IR35.

find out more

Holding Company Operating Agreement

An England & Wales legal document outlining governance and management of a corporate group's holding company and subsidiaries.

find out more

Hedge Fund LLC Operating Agreement

An England & Wales legal document outlining the operational framework and compliance for a hedge fund's management and investors.

find out more

General Partnership Operating Agreement

An England & Wales legal document outlining partner roles and liabilities in a general business partnership.

find out more

Guaranteed Payments LLC Operating Agreement

An England & Wales agreement establishing fixed payments to LLC members, ensuring consistent compensation and tax efficiency.

find out more

Farm LLC Operating Agreement

An England & Wales document denying customer claims, detailing reasons, policy references, and appeal options.

find out more

Family LLC Operating Agreement

An England & Wales agreement formalizing referral fee arrangements and ensuring compliance with legal and regulatory standards.

find out more

Contractor Operating Agreement

An England & Wales agreement outlining third-party referral processes and commission structures for business expansion.

find out more

C Corp Operating Agreement

An England & Wales document endorsing a teacher's qualifications and character for educational opportunities.

find out more

Aircraft LLC Operating Agreement

A formal document in England & Wales providing context for a recommendation letter, ensuring compliance with legal standards.

find out more

Asset Protection LLC Operating Agreement

An England & Wales document formalizing business referrals, detailing terms, compensation, and confidentiality provisions.

find out more

Articles Of Organisation Operating Agreement

An England & Wales legal document confirming acceptance of modified contract terms after a counter offer.

find out more

Annual Operating Agreement

A reference letter in England & Wales verifying a chef's skills, employment history, and character for career purposes.

find out more

Amended Operating Agreement LLC

An England & Wales legal document attesting to an individual's character from a pastor for various official purposes.

find out more

Aircraft Operating Lease Agreement

An England & Wales document assessing a nurse's professional conduct and competencies for employment or regulatory purposes.

find out more

Aircraft Operating Agreement

A legal document in England & Wales providing character testimony for court or formal applications.

find out more

50 50 Operating Agreement

An England & Wales document verifying banking relationships for financial standing and third-party reference purposes.

find out more

50 50 LLC Operating Agreement

An England & Wales document verifying banking relationships and financial conduct for business or tenancy purposes.

find out more

Bylaws And Operating Agreement

A governing document under English and Welsh law that sets out company rules, procedures, and operational guidelines.

find out more

Limited Liability Company Contract

A governing document for limited liability companies under English and Welsh law that establishes company rules, shareholder rights, and management structure.

find out more

LLC Operating Agreement Bank Account

An operating agreement governing LLC bank account management and controls under English and Welsh law.

find out more

LLC Holding Company Operating Agreement

A governing document for holding company operations under English and Welsh law, defining structure, management, and member rights.

find out more

Single Member Managed LLC Operating Agreement

A governing agreement for a single-member managed LLC, adapted for compliance with English and Welsh law.

find out more

Custom Operating Agreement

A legally binding document under English and Welsh law that establishes the operational framework and governance structure of a business entity.

find out more

Construction LLC Operating Agreement

A legal framework document governing the operation of a construction-focused limited liability company under England and Wales law.

find out more

Llp Operating Agreement

A governing document for Limited Liability Partnerships under English and Welsh law that sets out member rights, responsibilities, and operational procedures.

find out more

LLC Buyout Agreement

An agreement under English and Welsh law governing the sale of LLC membership interests between selling and buying parties.

find out more

Single Owner LLC Operating Agreement

A governing document for a single-member private limited company under English and Welsh law, establishing management and operational procedures.

find out more

Limited Liability Company Operating Agreement

A governing document that establishes management and operational procedures for limited liability companies under English and Welsh law.

find out more

Construction Operating Agreement

A legally binding agreement under English and Welsh law that establishes operational procedures and responsibilities for construction projects.

find out more

Profit Sharing Agreement Between Partners

An English law agreement defining profit-sharing arrangements between business partners, including calculation methods and distribution terms.

find out more

Limited Partnership Operating Agreement

An English law agreement governing the operation and management of a limited partnership, defining partner rights and obligations.

find out more

LLC Ownership Percentage Agreement

A legal agreement under England and Wales law that defines and governs ownership stakes and rights in a Limited Liability Company.

find out more

Member Managed Operating Agreement

A legal agreement under English and Welsh law defining how members manage and operate a limited liability company.

find out more

Operating Agreement For Bank Account

A legally binding agreement under English and Welsh law that governs the operation of a bank account, establishing terms and conditions between the bank and account holder(s).

find out more

Operating Agreement For Single Member LLC

A governing document for a single-member business entity under England and Wales law (structured as a Private Limited Company rather than LLC)

find out more

Sole Proprietorship Operating Agreement

A governing document for sole trader businesses under English and Welsh law, establishing operational procedures and business management framework.

find out more

Multi Member LLC Operating Agreement

A governing document for multi-member business entities under English and Welsh law, establishing operational and management frameworks for LLPs or Ltd companies.

find out more

Member Managed LLC Operating Agreement

A governing agreement for business operations under English and Welsh law, structured for either an LLP or Ltd company format.

find out more

Shareholder Operating Agreement

A legal agreement under English and Welsh law that governs the relationship between shareholders and establishes company operating procedures.

find out more

Real Estate LLC Operating Agreement

A governing document for real estate investment entities under England and Wales law, establishing operational and management frameworks.

find out more

Manager Managed LLC Operating Agreement

A governing document for manager-managed LLCs operating under England and Wales law, establishing operational and management frameworks.

find out more

LLC Shareholder Agreement

A legally binding agreement governing shareholder relationships and rights in an LLC under English and Welsh law.

find out more

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.