Legal Question in Business Law in United Kingdom

Hello,
I have been offered shares in a new company in exchange for programming services.
The company is based in the UK. I would have to work for about an year, for a certain number of hours and I will get a certain percentage of the shares.
Can you explain what I should be aware of before embarking in such a venture? What numbers should I request from the owners?
Would I need to set up a contract to ensure personal liability protection?
Would it be better to negotiate to work for a discounted rate and somehow convert the difference into shares?
Should I specify that I want the difference to be paid back in case I get removed from the project?
Thank you very much for your help on this matter as I am a novice.

Asked on 3/10/13, 7:28 am

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I believe that you need detailed and tailored legal advice, in relation to your points above.

I therefore suggest that you contact us directly at Crefovi, in order to obtain the appropriate legal advice that you need.

Tel: +44 20 3318 9603

Best regards,

Annabelle Gauberti

Answered on 3/11/13, 2:00 am

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