First-aid legal kit for start-ups and investors
When setting up a start-up or investing into a later-stage company, there is a lot to consider, legally speaking. Our extensive experience advising tech & digital start-ups, their founders and investors clearly suggests that a legally correct setup from the outset pays off both in the short and medium term.
Now we want to support the start-up industry in tackling early-stage legal hurdles – and to contribute to the ecosystem – by releasing a free bundle of basic corporate and employment contracts used in Czech private limited liability companies (LLC).
We are providing the following documents as PDF for download (for editable Word documents, please request the template(s) you need below):
Simple Equity Investment Contract (SEIC)
providing for a simple debt-to-equity swap model
The SEIC template is a comprehensive, simple-form and easy-to-use agreement for equity convertible investments in early-stage start-up companies. It is intended for use by both venture capital investors and founders.
Download the SEIC template as a PDF here, or register below in order to receive the editable template in Word format, including explanations and guiding notes on how to use it.
Simple Memorandum of Association for LLCs
providing for a basic outline of the foundation (constitutional) deed
The Simple Memorandum template is a primary constitutional (foundation) document for the incorporation of a private limited liability company. It is used to establish the basic relationships between shareholders (founders) and to define internal corporate processes within the company.
Download the Simple Memorandum of Association template as a PDF here, or register below in order to receive the editable template in Word format, including explanations and guiding notes on how to use it.
Simple Executive Service Agreement (for managing directors of an LLC)
providing for a simple contract between a managing director and an LLC, including a robust IP clause
The Simple Executive Service Agreement template is a standard simple-form contract governing the relationship between the company and its managing (executive) director, focusing on providing the company with clear rights to any intellectual property (including copyrighted work such as software) created by the managing director.
Download the Simple Executive Service Agreement template as a PDF here, or register below in order to receive the editable template in Word format, including explanations and guiding notes on how to use it.
Simple Freelancer Agreement (for an LLC)
providing for a simple contract between a freelancer (i.e. not an employee) and an LLC, including a robust IP clause
The Simple Freelancer Agreement template is a standard simple-form contract governing the relationship between the company and a freelance service provider, focusing on providing the company with clear rights to any intellectual property (including copyrighted work such as software) created by the freelancer.
Download the Simple Freelancer Agreement template as a PDF here, or register below in order to receive the editable template in Word format, including explanations and guiding notes on how to use it.
These template contracts are also fully expandable.
If you require additional guidance or are seeking legal advice, please feel free to contact us.
In order to receive the editable templates in Word format, including explanations and guiding notes on how to use them, please submit your request below – you will receive the editable templates immediately after.
request editable document templates to be ready for your investment(s) anytime
Request the editable template(s) you need - you will receive the Word documents including explanations and guiding notes immediately after hitting the "submit" button.
team
Michal
Jendželovský
Counsel
czech republic
Sebastian
Špeta
Attorney at Law
czech republic
compliance
Rudolf
Bicek
Attorney at Law
czech republic
employment law
Helena
Hangler
Counsel
czech republic
ip & unfair competition
Libuše
Dočekalová
Attorney at Law
czech republic
more legal updates
media coverage
Venture capital legal environment in the Czech Republic in 2023
The Czech Republic has undergone rapid growth in the venture capital segment in the past couple of years, with both the number of VC deals and volume of invested funds rising steadily, several Czech-based unicorns emerging during the COVID-19 era and other companies reaching the soon-to-be-unicorn stage.
media coverage
Venture capital: From start-up to scale-up
Running through the news of a continued slowdown in the venture capital segment this year (as well as in public information on closed transactions), a common thread could be observed - venture capital investors are moving towards more developed companies both in primary investments and follow-up investment rounds.
media coverage
Venture capital: Taxation of ESOP shares and options: One step forward, two steps ... sideways?
The Czech start-up/VC community has long been calling for a change in how employee shares/options and related plans (ESOPs) are taxed, citing various other European Union jurisdictions as being significantly more progressive and therefore conducive to the development of a start-up ecosystem.
media coverage
Venture capital: Liquiditation preference: Practical tips for structuring share classes
more
request editable templates
Request the editable template(s) you need - you will receive the Word documents including explanations and guiding notes immediately after hitting the "submit" button.