Our expert support for startup companies 

Unfortunately, many start-ups decide to put off taking legal advice, either seeing it as too expensive or simply placing it low down on the list of priorities. Although many will have the intention to deal with the “legals” at some point, it is often too late. 

Our mission is to develop a long-lasting, ongoing relationship with our clients and to ensure that we are seen not as a necessary evil but as a sounding board who can be turned to for general advice whenever it is required.

Together with our business advisers, we offer a range of services to help your new or developing business. From support with writing your employment contracts to in-depth legal advice on setting up an EMI (Enterprise Management Incentive) scheme – we have the experience that you require. 

Here are a few of the areas we can support you with:

Our startup legal services

• Setting up a Company
• Pre-seed and seed funding advice
• Shareholder Agreements
• Setting up an EMI scheme (or other stock option plans)
• Cross Option Agreements to protect the legacy of your business.
• Website Terms and Conditions
• GDPR Privacy Notice
• Employment contracts
• Employee handbooks
• Non-disclosure agreements
• Advice on post-termination restrictions to protect your startup.
• Contractor Agreements with appropriate intellectual property assignments
• Immigration advice for Startups and Entrepreneurs
• FCA Authorisations, Compliance and Disputes services

Starting a new business is an exciting yet challenging endeavour. While you may have a great product or service to offer, navigating the legal details can be overwhelming. Making mistakes can be costly and there are many potential pitfalls at this early stage. This is where a startup lawyer can provide valuable support, from selecting the right business structure to ensuring compliance with employment laws when hiring staff.

The UK legal system is complex and constantly evolving, so seeking the right startup advice early in the process is crucial. For instance, if you’re hiring staff for the first time, you’ll want to ensure your employment contract is legally compliant. If you’re seeking investment, you may want a business structure that qualifies for investor-friendly schemes like SEIS and EIS. It’s also important to ensure that your business owns any intellectual property created by contractors working for your startup.

At Innovationly, our team of startup lawyers, HR professionals, and business advisers can provide expert assistance in these and many other areas. By working with us, you can be confident that you have the legal support and guidance you need to build a successful startup.

We have been supporting startup businesses of all sizes, including UK Tech Startups, Scaleups and Growth Companies for many years. Our experienced startup lawyers have worked with startups on shareholder agreements, equity arrangements, employment contracts, immigration requirements and HR support for growing teams as well as in many other areas. Our experienced team understand the terrain.

If you are an Entrepreneur, Lean Tech Startup, Growth Company, Scaleup, Angel Investor, Venture Capitalist, or a company based internationally that wants to set up in the UK, we can support your business. Wherever you are in your entrepreneurial journey, we can offer sound legal and business advice.

Innovationly’s startup legal advice and services can help you be more strategic by providing legal guidance that supports your business objectives. By working with Innovationly, you can ensure that your business is on solid legal footing, giving you the confidence to execute your strategic plans and achieve your goals.

• Identifying legal risks and opportunities: Innovationly can help you identify potential legal risks and opportunities that can affect your business strategy. For example, they can advise you on the legal implications of different business models, partnerships, and funding sources.
• Drafting contracts and agreements: Innovationly can help you draft contracts and agreements that reflect your business strategy and protect your interests. This includes employment contracts, vendor agreements, and customer agreements.
• Intellectual property management: Innovationly can help you develop an intellectual property management strategy that aligns with your business goals. This includes protecting your company’s intellectual property, licensing your technology to others, and enforcing your intellectual property rights.
• Regulatory compliance: Innovationly can help you ensure that your business follows applicable laws and regulations. This includes advising you on compliance with data privacy regulations, environmental regulations, and employment laws.
• Business structuring and planning: Innovationly can help you structure your business in a way that supports your strategic goals. This includes helping you select the right corporate structure, creating a business plan, and developing a growth strategy.