Many owners of small and medium-sized enterprises (SMEs) often have limited knowledge of the legal framework surrounding business operations — including the applicable rules, their limitations, but also the opportunities the regulations provide.

Among many entrepreneurs and startups, this lack of legal understanding can prolong the journey toward their goals. Poor decisions, costly mistakes, or regulatory breaches may occur, potentially leading to serious consequences for the business. Our experience shows that this is rarely due to ill intent from founders, owners, boards, or CEOs — rather, it stems from a lack of awareness of the rules, both their existence, and their implications. Violations or errors concerning corporate law may at worst render company decisions or actions invalid or unlawful.

Such mistakes are often discovered during accounting and auditing processes, when raising capital, entering significant agreements, or applying for public grants and funding.

Correcting these missteps can be time-consuming and typically requires assistance from lawyers, accountants, and auditors — both for advice and to carry out the necessary corrective work. While this can be costly financially, it also diverts entrepreneurs’ focus and energy away from their core business activities.

Furthermore, these issues may damage the company’s reputation with potential investors. The business and its team risk being perceived as disorganized or unprofessional, which can cause internal dissatisfaction among team members and investors alike. In the worst cases, such errors can lead to liability and even criminal charges for board members, management, and owners.

SKARP assists entrepreneurs, business owners, and others through video consultations and on-site visits, where we present and discuss relevant topics. We provide template documents and develop other useful materials tailored to your needs.

Typical topics and services include corporate law matters such as company formation, transformation (e.g., from sole proprietorship to limited liability company), shareholder and partnership agreements, board work, convening and conducting general meetings, drafting articles of association, board resolutions and declarations, capital raising, demergers, mergers, restructuring, share buybacks, shareholder loans, distributions, dividends, group contributions, contracts between shareholders and the company, and intra-group loans and agreements — to name a few.

Another core focus at SKARP is M&A, covering various corporate transactions, share transfers, asset purchases and sales. Transactions range from simple share sales and transfers of small businesses to large, complex deals. For many business owners, this is a once-in-a-lifetime event — often a long-term goal pursued actively. For others, it becomes a necessity due to health or age-related reasons that prevent continued operation.