Guide to the New Small Business Enterprise and Employment Act
After its original announcement in 2014 the Small Business, Enterprise and Employment Act gained Royal Assent in March 2015. The scope of the Act is expansive and there will be significant changes to the laws behind corporate transparency, dispute resolution and statutory filing. Predominantly, the driving force behind the planned provisions is to increase trust in UK companies. This [...]
How to Change Company Officers?
In the UK a registered limited company must have one company director appointed at all times. It is a legal requirement to keep Companies House informed of any changes to officers. Directors must also update the company registers to show any changes. When forming a new company you provide the details of the first company officers. During the life [...]
What is a Ready-Made Company?
When starting your own business you may ask yourself do I want to register a new company or should I buy a ready-made company? Ready-made companies can often be referred to as a ‘shelf company’. This is essentially a company which is pre-registered at Companies House. They have had no previous trading activity and has been sitting 'on the [...]
What is an LLP?
What is an LLP? Limited Liability Partnerships (LLP's) are a legal format in which to run a business. They were introduced on 6 April 2001 after The Limited Liability Partnerships Act 2000 received Royal Assent on 20 July 2000. They were introduced to provide protected liability to partnerships that was previously only available as a limited ‘company’. LLPs are [...]
What is a Limited Company?
Many business owners choose to operate their business as a ‘limited company’. Running a business as a company is a different legal format to running a business as a sole trader. So what is a limited company? A limited company is a separate legal entity to the owners and people operating the firm. It is seen as a ‘legal [...]
Scottish Companies Cannot Register in England
If your company is registered in Scotland then it must always have a Scottish registered office address. It is not possible to simply switch the country of registration. The company cannot change form being registered in Scotland to being registered in England, Wales or Northern Ireland. We are often asked by customers if they can move a company from Scotland [...]