What is a company's constitution? A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as including: • the company’s articles of association, and...
Under the Companies Act 2006 (CA 2006), a company is formed when one or more persons: • subscribe their names to a memorandum of association, and • comply with the...
This Practice Note summarises the procedure to amend or change a company’s articles of association in accordance with the Companies Act 2006 (CA 2006). Why amend the...
BREXIT IMPACT: The information to be given when appointing a corporate secretary will be affected by Brexit. For further details, see Impact of Brexit on appointment of...
BREXIT IMPACT: The information to be given when appointing a corporate director will be affected by Brexit. For further details, see Impact of Brexit on appointment of...
What are 'provisions for entrenchment'? The usual way to amend a company's articles of association is by way of special resolution. However, it is possible to entrench...
This Practice Note considers the unique contractual status of the articles of association between the company and its members, primarily under s 33(1) of the Companies...
The United Kingdom voted to leave the European Union. Brexit can occur either in accordance with a ratified withdrawal agreement between the UK and the EU or...
This Practice Note should be read in conjunction with Practice Note: Company names and business names which summarises the legal requirements and restrictions regarding...
What is a charitable incorporated organisation (CIO)? A charitable incorporated organisation (CIO) is a form of legal entity that is only available to charities. A CIO: •...
Charities can adopt a variety of different legal forms or structures. A charity’s governing documents will depend on the form or structure adopted. In addition, a...
FORTHCOMING CHANGE: the rate of corporation tax will fall to 17% for the financial year 2020. This table compares the tax treatment of: • sole traders • partnerships...
A company having a share capital may have separate classes of shares. As a general rule, a type of share will form a separate class from other shares in a company if the...
What is a company limited by guarantee? Limited companies can be either limited by shares or by guarantee. A company limited by guarantee is a type of company whose...
A Alternative record-keepingProvisions in Part 8 of the Companies Act 2006 (CA 2006), as inserted by Schedule 5 of The Small Business, Enterprise and Employment Act 2015...
There are a number of statutory and regulatory controls and restrictions on the choice of company and business names. These are predominantly set out in the Companies Act...
