Removing a director from a company is much more complicated than removing an employee and is usually a sticky subject and if not done correctly, could invalidate the entire process. Below is a summary on the process. A director’s appointment may be terminated:...
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LLPs
What Are the PSC Rules and Do They Impact My Business?
As part of the UK Government’s trust and transparency agenda, the Small Business, Enterprise and Employment Act (SBEE) is now in effect as of April 2016. If your business is a UK incorporated company or limited liability partnership (LLP), this means you’ll be required to set up and maintain a ‘people with significant control’ (PSC) register. This article provides a helpful overview of the new PSC requirements, and briefly explains the steps for compliance.
What is a Company Secretary and Do I Need One for My Business?
Although it is no longer a legal requirement, many private limited companies still opt to hire a company secretary to perform a number of essential tasks. As providers of company secretarial services, we know firsthand just how valuable this position is to private companies. Here, we give an overview of the responsibilities and importance of this role to help you determine whether your business should hire a company secretary.
What is a Limited Liability Partnership?
When going into business together, many entrepreneurs may not realise the legal implications of forming a partnership. Even if the partnership is not formally registered, by virtue of doing business together, the Partnership Act automatically applies.