agencia de traduccion alicante trayma
Startups, funds and international shareholders

Sworn translation of shareholders’ agreements

We translate your shareholders’ agreement clause by clause, with the exact equivalence of mechanisms such as drag along, tag along or lock-up between legal systems. For startups with foreign investors, funds and joint ventures.

  • Translators expert in corporate clauses and equivalence between jurisdictions
  • Precision in drag-along, tag-along, veto, exit and dispute resolution
  • Bilingual versions and reinforced confidentiality with an NDA

Shareholders’ agreement

DocumentShareholders’ agreement / SHA
GovernsThe shareholders’ relationship
Format✓ Bilingual, 2 columns
Validity✓ Sworn if needed
Confidentiality✓ NDA
ISO 9001 & 17100 · certified quality
Accredited sworn translators
NDA · reinforced confidentiality
40+ languages · sworn translation
Confidentiality · NDA and encryption
What it is and why it matters

What translation of a shareholders’ agreement is

A shareholders’ agreement (SHA; in Spanish, pacto de socios) is the contract that a company’s shareholders sign to govern their relationship beyond what the bylaws say: how decisions are made, how shareholders enter or exit, what happens in a deadlock and how the investment is protected. Translating it calls for command of very specific mechanisms —drag along, tag along, lock-up, veto rights, anti-dilution or exit clauses— that do not always have a direct equivalent between Anglo-American common law and continental civil law, and resolving them rigorously. It is requested above all by startups with foreign investors, venture capital funds and joint ventures. It is a different document from the bylaws: the agreement is private between shareholders; the bylaws govern the company vis-à-vis third parties. We deliver it as a simple or sworn translation, depending on whether it needs official validity.

Shareholder entry and exit

Drag-along, tag-along, pre-emption, right-of-first-refusal and exit clauses.

Governance and protection

Veto rights, reinforced majorities, board composition, anti-dilution and investor protection.

Lock-up and commitments

Lock-up, non-compete, exclusivity, founder dedication and retention undertakings.

Disputes and deadlock

Dispute resolution, deadlock situations, arbitration clauses and governing law.

Trayma team of legal translators
Corporate law specialists

Translators with legal judgment

Translators specialised in corporate law who know the mechanisms of a shareholders’ agreement and their equivalences between common law and continental civil law. We review every drag-along, veto or exit clause before delivery, caring for consistency throughout the agreement. Personal attention from start to finish.

They trust us

Brands that trust Trayma

Clauses and documents of the agreement

What we translate from the agreement

We translate the complete shareholders’ agreement and the documents that usually accompany it in a funding round or a new shareholder’s entry, preserving definitions, cross-references between clauses and annexes, and keeping consistency throughout the text.

Drag-along and tag-along

Drag-along, tag-along, pre-emption and right-of-first-refusal clauses.

Veto and governance

Veto rights, reinforced majorities and composition of the governing body.

Lock-up and non-compete

Founder lock-up, non-compete, exclusivity and dedication.

Anti-dilution and price

Anti-dilution protection, ratchet, valuation and equity adjustments.

Exit and deadlock

Exit clauses, deadlock situations, arbitration and governing law.

Term sheet and annexes

Term sheet and the annexes of the funding round or the new shareholder’s entry.

Company bylaws

The bylaws the agreement complements, with their corporate terminology.

M&A deals

The agreement within a corporate deal or an investment round.

Two documents often confused

Shareholders’ agreement or bylaws

They are different, complementary documents, and often both need translating. Knowing which is which avoids mistakes: the agreement is private and flexible; the bylaws are public and govern vis-à-vis third parties. We help you with both.

Private between shareholders

Shareholders’ agreement

A private agreement that governs the relationship between shareholders and protects the investment. It is not enforceable against third parties, but it binds those who sign it. Precision in each clause comes first.

  • Drag-along, tag-along and exit rights
  • Veto, reinforced majorities and anti-dilution
  • Lock-up, non-compete and retention
  • Dispute resolution and deadlock
Public and enforceable

Company bylaws

The company’s operating rules, registered with the Commercial Registry and enforceable against third parties. When they are registered or submitted to a body, a sworn translation is usually required.

  • Corporate purpose, capital and governing bodies
  • Share regime and transfer
  • General-meeting and management rules
  • Sworn translation of bylaws for the registry
Trayma translator reviewing a shareholders’ agreement
Process, timelines and delivery

How we handle your shareholders’ agreement

A workflow with corporate-law judgment: analysis of the agreement, a glossary of mechanisms (drag along, tag along, veto…), clause-by-clause translation and a final review of cross-references and definitions. We confirm whether you need the sworn or simple option.

1

Send the agreement

The agreement in Word or PDF; if it’s bilingual, tell us which language prevails.

Now
2

Quote and modality

We confirm languages, the document’s use and whether it needs sworn or simple.

15 min
3

Clause-by-clause translation + QA

Corporate terminology, equivalence between legal systems and a final review.

Depends on volume
4

Delivery

In whatever format you need; with the MAEC signature and seal if sworn.

Guaranteed

What our customers think of us

Shareholders’ agreement quote

What the price depends on

There is no single rate: every agreement is different. The price is calculated from these four factors, which is why it’s best for us to see the document before giving you a firm figure.

The languageThe language combination and the availability of specialised legal translators for that pair.
The actual volumeThe document’s effective length, not its apparent page count.
Legal complexityDensity of clauses, definitions and equivalence between legal systems.
UrgencyIf you have a tight deadline, we check feasibility and prioritise where possible.

For a firm quote

Send us these four details and we’ll reply with a price, a feasible turnaround and a recommended delivery format.

  • The document (PDF or legible photo)
  • Source and target language
  • Country and body where it will be submitted
  • Deadline and whether a paper copy is required
Request a quote
When the agreement needs a sworn translation

Official validity, when it’s needed

A shareholders’ agreement is usually translated as a simple translation, because it’s a private agreement between the shareholders. But when it must be submitted to a court, raised to a public deed before a notary or filed with a public authority with legal validity, a sworn translation is required, signed and sealed by an officially accredited sworn translator-interpreter. You can check accreditation by language in the official search tool of the Spanish Ministry of Foreign Affairs.

The general framework is governed, among other rules, by Royal Decree 724/2020 (BOE), which regulates the Language Interpreting Office and the role of the sworn translator. If your procedure is international, an apostille or legalisation may also be required depending on the country.

At Trayma we review the destination country and body with you before issuing the final version, to recommend the safest delivery format and avoid follow-up requests.

Frequently asked questions

Frequently asked questions about translating shareholders’ agreements

What is the difference between a shareholders’ agreement and the bylaws?
A shareholders’ agreement is a private agreement between the shareholders that governs their relationship and protects the investment; it binds those who sign it but is not enforceable against third parties. The bylaws are the company’s public rules, registered with the Commercial Registry and enforceable against everyone. Often both need translating, and we cover both with consistent terminology.
How do you translate mechanisms such as drag along, tag along or lock-up?
They are mechanisms of Anglo-American origin that do not always have a literal equivalent in continental civil law. We translate them with the terms established in Spanish corporate practice and, where appropriate, keep the original term in brackets to avoid ambiguity. What matters is that the scope of the clause does not change.
Does the translation of the shareholders’ agreement have to be sworn?
Generally no: being a private document between shareholders, a simple translation is usually enough to negotiate and sign. A sworn translation is required when the agreement must be submitted to a court, raised to a public deed before a notary or filed with a public authority. We confirm what you need depending on the use before the work is commissioned.
Do you deliver the agreement in a bilingual two-column version?
Yes. It’s a very useful format when shareholders from different countries have to read and sign the same document. We deliver the agreement in two columns (original and translation side by side) to make joint review easier; tell us which language prevails in case of discrepancy.
Do you guarantee the confidentiality of the agreement?
Yes. A shareholders’ agreement contains highly sensitive information about the company’s ownership, valuation and strategy. We sign an NDA, use secure channels and limit access to the assigned team, so the information is protected throughout the process.
Can you translate the agreement within a funding round or an M&A deal?
Yes. The shareholders’ agreement is usually signed together with the term sheet, the bylaws and other documents of an investment round or a mergers and acquisitions deal. We coordinate it with the rest of the documentation to keep terminological consistency across the whole file.
Full list

Clauses and documents we translate

These are the shareholders’-agreement clauses and documents we translate most often. Most are simple translations; some, when they need official validity, are delivered sworn. If yours isn’t on the list, ask us.

  • Shareholders’ agreement (pacto de socios)
  • Drag-along clause
  • Tag-along clause
  • Right of first refusal and pre-emption
  • Veto rights and reserved matters
  • Reinforced majorities and quorums
  • Composition of the governing body
  • Anti-dilution protection
  • Lock-up clause
  • Non-compete and exclusivity
  • Exit and liquidity clauses
  • Deadlock resolution
  • Arbitration and governing law
  • Put and call options
  • Term sheet
  • Investment agreement
  • Annexes, addenda and amendments
  • Company bylaws
  • Contracts linked to the agreement
  • Bilingual two-column versions
Where we are

Your legal translation agency in Alicante

We are right in the centre of Alicante, next to the train station, with easy access by public transport. In-person service by appointment and online processing throughout Spain.

Avda. de la Estación 27, Entlo D
03003 Alicante
2 minutes from the train and tram station (Luceros / Alicante Terminal)
Public car park and metered parking nearby
Get directions

Send us your shareholders’ agreement and we’ll advise you

Tell us which languages you need it in and what for (funding round, new shareholder, M&A). We’ll tell you whether it needs the sworn or simple option, the firm price and the turnaround, in full confidence and under NDA.

Avda. de la Estación 27, Entlo D · 03003 Alicante ISO 9001 & 17100 · NDA Mon–Thu 9am–5pm · Fri 9am–3pm
Contact

Tell us about your case

Attach your documents and we’ll send back a firm quote within 15 minutes, in full confidence. No obligation.