Shareholders have a very important role in company decision making in terms of making changes to the company’s share capital or to its articles. However, it is only the majority whose vote will succeed. As such, shareholders may want to vary the usual rules of company law. The first instance
We recently had a client that wanted to incorporate a UK company which they hoped would be dormant. There are many advantages to being dormant, you can notify that HM Revenue & Customs that the company is dormant and therefore there is no need to file accounts with them (although you
Since the Companies Act 2006, private companies do not need to have a company secretary appointed unless their articles state otherwise (public companies do have to have a company secretary). However, the company secretarial services still need to be performed and the responsibility for this ultimately falls on the directors.
One of the most important responsibilities of a company secretary is to maintain the register of members. The register of members is what determines who the shareholders (or members) of the company are and, hence, who owns the company. In fact, if the register of members is not maintained properly,
With Valentine’s Day having just passed us by and people still caught up in the joy of partnership it is perhaps worth casting an eye over the some of the issues around jumping into bed with a partner when it comes to your business. Specifically, some of the corporate legal
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