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Shareholders’ Agreement for an Estonian OÜ (Co-Founders)

Once your Estonian OÜ has more than one owner, the articles of association are not enough. A shareholders’ agreement (SHA) is the private contract between co-founders that covers what the põhikiri can’t: how decisions are made, what happens if a founder leaves, vesting, pre-emption, drag-along/tag-along and deadlock.

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What this document is

A shareholders’ agreement (osanike leping) is a confidential agreement among the shareholders governing their relationship: voting, transfer restrictions, founder vesting, exit and dispute resolution. Unlike the articles, it is not filed publicly.

Why generate it here

  • For multi-founder companies — vesting, drag/tag, deadlock: what the articles can’t cover.
  • Plain-English and editable — a lighter alternative to investor-grade packs for early two-founder teams.
  • Bilingual ET+EN if you want an Estonian counterpart alongside.

How it works

  1. 1 Enter the founders, their shares, vesting and key terms.
  2. 2 Preview and pay €6.45 (−50% first document).
  3. 3 Get the agreement as PDF + editable DOCX (with an Estonian copy on request).

Frequently asked

Is a shareholders’ agreement filed with the register?

No. Unlike the articles of association, the SHA is a private contract between the shareholders and is not public.

Do I need an SHA if I am the only owner?

No — an SHA governs the relationship between two or more shareholders. A sole owner does not need one until a co-founder or investor joins.

How is this different from a simple founders’ team-up?

It formalises equity, vesting and exit so a departing co-founder can’t keep unearned shares and disputes have a pre-agreed path. That is exactly what prevents the most common early-stage founder conflicts.

Fill a simple form → get a ready, register-valid document.

Legally valid Estonian + an English copy you can read. Editable DOCX. No lawyer, no notary.

Start now — €6.45

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