Shareholder agreement helps avoid conflicts within the company

iBizness, 09.03.2026
Author: Kristaps Leonards Limbergs, Senior Associate at Law

When starting a business with partners, there is often optimism and confidence about successful cooperation. However, experience shows that over time disagreements may arise regarding company development, decision-making, or profit distribution. One of the most effective ways to mitigate such risks is a well-structured shareholders’ agreement.

Addressing these legal aspects early not only strengthens trust between partners but also creates a more stable foundation for the company’s long-term development.

Read more in Latvian about the importance and practical aspects of shareholders’ agreements in the iBizness article here.