Maintaining non-UK tax residence clauses—constitutional documents of a non-UK company
Maintaining non-UK tax residence clauses—constitutional documents of a non-UK company

The following Tax guidance note provides comprehensive and up to date legal information covering:

  • Maintaining non-UK tax residence clauses—constitutional documents of a non-UK company

  1. 1

    Authority of directors

  2. The business of the company shall be managed by the directors, who may exercise all such powers of the company as are not by the [insert the relevant statute that gives certain powers to the company in general meeting] or the memorandum and articles of association of the company required to be exercised by the company in general meeting.

  3. 2

    Proceedings of directors

    1. 2.1

      Collective decision making

      1. [Subject to the articles, decisions of the directors shall be taken:

      2. 2.1.1

        at a directors' meeting; or

      3. 2.1.2

        in the form of a directors' written resolution.

      4. OR

        Subject to the articles, decisions of the directors shall:

      5. 2.1.1

        be taken at a directors' meeting; and

      6. 2.1.2

        not be taken in the form of a directors' written resolution.]

    2. 2.2

      Location of board[ and committee] meetings

    3. [Meetings of the directors[ or a committee to which the directors have delegated authority under article 3] shall be held in [name of jurisdiction in which company is tax resident] and no meetings of directors[ or committees] shall be held in the United Kingdom. OR No meetings of directors[ or a committee to which the directors