Document background
The Founders Contract (Gründervertrag) is a crucial document required when establishing a new company in Germany. It is typically used at the initial stages of company formation when two or more founders come together to establish a business venture. The document must comply with German legal requirements, including mandatory notarization, and serves multiple purposes: it defines the relationship between founders, establishes the company's structure, outlines capital contributions, sets management rules, and provides mechanisms for dispute resolution. The contract is particularly important as it creates a clear framework for the company's operation and helps prevent future disagreements by addressing potential issues upfront. This document is essential for obtaining necessary registrations and permits under German law and often serves as a reference point for future corporate actions or investment rounds.
