All posts in Company Law

Scottish Budget 2017 Finance Secretary Derek Mackay delivered the 2018/19 Scottish Draft Budget on Thursday 14 December 2017 setting out the Scottish Government’s financial and tax plans. The announcement had been timed to take place after Chancellor of the Exchequer Philip Hammond delivered the UK Budget on 22 November 2017 in order to avoid ‘fiscal […]

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A shareholder is any person(s) who own at least one share of a company. A shareholders’ agreement, therefore, is a document outlining the legal agreements made between the shareholders of a company, regarding their rights and obligations as shareholders. This agreement is a private contract and can be kept confidential.  This differs from the companies […]

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If you are starting out as a new limited company, you will need an appropriate company name.  Here is a guide to choosing the right name, detailing the regulations put in place by Companies House. A guide to naming your limited company Choose a name that sounds professional and matches your type of business. Remember […]

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As the director of a limited company you are required to follow regulations with regards to displaying company information to members of the public.  As stipulated by The Companies Act 2006, limited companies are required to display the company name at their business addresses.  This article will detail where company signage should be displayed and […]

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Display your company information As stipulated by the Companies (Trading Disclosures) Regulations 2008, company information must be displayed on all paper-based or electronic communications. Company name Your company name must be included on all business letters, promotional materials, emails, order forms, cheques, money orders, bills, invoices and receipts.  You should also spell out ‘limited’ in […]

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In its simplest terms, Companies House is Registrar of Companies in the United Kingdom. It holds information on all limited companies in the UK, overseeing the incorporation and closure of all businesses. About Companies House Launched in 1844, Companies House holds information on over two million operating companies in the United Kingdom alone, with an […]

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If your company has ceased trading for a period of over 3 months, you can begin the process of closing off your limited company, provided that all conditions are met discussed below. There must have been no business carried out by the company during this time You must not have changed your company’s name Your […]

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A Limited Liability Partnership (LLP), like a limited company, provides its stakeholders with limited liability. However, LLPs are taxed in a similar style to self-employed partners. This business setup is very popular in professional services such as legal and accounting practices. Put simply, an LLP affords the tax versatility of a partnership, but the benefits […]

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Thinking about setting up a limited company? You may be surprised to learn that you can actually incorporate a new company for less than £20. In this article we’ll take you through various incorporation costs, depending on the services that you choose, as well as any additional costs that you might incur during the process. […]

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self employed

Without a doubt, setting up as a “self-employed” is the simplest and most popular way to structure a business. Sole traders account for over 60% of all businesses in the UK, with partnerships making up a further 9%. In this article we’ll explore the definition of a sole trader, with a focus on some considerations […]

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