A company’s articles of association are a vital constitutional document for that company, together with the memorandum of association – in cases where the memorandum. The articles define the director responsibilities, the kind of business that is to be undertaken and the means by which control is exerted over the board of directors by shareholders. However, clients of London Registrars’ (https://www.london-registrars.co.uk) company secretarial services may wish to take advantage of certain changes in company law in recent years. Continue reading
How could directors and managers benefit from a London Registrars company secretary?
Companies frequently make use of company secretaries for a wide range of duties relating to business administration, including compliance with statutory requirements. London Registrars (https://www.london-registrars.co.uk) has gained a reputation for the assistance and solutions that it provides to many different companies, catering to their specific requirements. Continue reading
London Registrars can take the stress out of a company secretarial audit
Companies often find a company secretarial audit is a useful way to review its governance and compliance obligations. It also greatly assists the directors reporting to the auditors. Typically, an audit provided by London Registrars involves a review of for compliance with the Companies Act 2006, including the company’s memorandum and articles of association, statutory filing record and a reconciliation of the share registrar. Continue reading
How to Account for Company Start-up Costs
London Registrars (https://www.london-registrars.co.uk/) provides businesses of all sizes and at all stages of trading with corporate and legal support, from company formations to company secretarial services. For start-up businesses, managing costs effectively is a particular concern. Here is London Registrars’ guide to how to account for company start-up costs. Continue reading
Companies Act 2006: note on changes implemented on 1 October 2008
Directors
Duty to avoid conflicts of interest
Most provisions affecting directors came into effect in October 2007. However, duties relating to avoidance of conflicts and disclosure of interests came into force on 1 October 2008.
The most significant change is to give directors power to authorise certain situations where a director has a conflict of interest. The Articles of Association of a public company must contain provisions for directors to give such an authorisation. Private companies incorporated after 1 October 2008 need take no action unless their Articles contain provisions that might invalidate directors’ authorisations. Private companies incorporated before 1 October will need to pass a members resolution to approve directors’ authorisations. Continue reading
What does the Energy Bill mean for businesses?
Corporate governance advisers London Registrars (https://www.london-registrars.co.uk/) looks at what the Energy Bill means for businesses in the UK.
The Energy Bill was introduced to the House of Commons by the Secretary of State for Energy and Climate Change Ed Davey on Thursday, November 29th 2012. The bill is part of the government’s aim of attracting £110bn of investment into the energy sector and creating a low-carbon economy. But what impact does the Energy Bill have for businesses in the UK, and will that impact be positive or negative, asks company formations and corporate support firm London Registrars? Continue reading
A rundown of London Registrars’ company secretarial services for PLCs
The many benefits of a business operating as a public limited company (PLC) include access to capital, liquidity, an opportunity to make acquisitions more easily and a more prestigious profile, as well as profit and tax advantages. There are, however, also various implications, and a public limited company is as likely as any other to prosper as a result of the use of the right company secretarial services, from a firm like London Registrars (https://www.london-registrars.co.uk). Continue reading
More about the London Registrars Meeting Management Service
At a time when so many of the companies that turn to London Registrars (https://www.london-registrars.co.uk) for assistance with corporate governance are likely to be continually outsourcing services so that they can focus more on their core business, they may also be interested in the Meeting Management Service that allows them to do much the same for their meetings. Continue reading
The Establishment of UK Branches of Foreign Companies
London Registrars (https://www.london-registrars.co.uk) has attracted acclaim for the quality of its company secretarial services and expertise in related areas, encompassing the likes of business consultancy and legal and business support. The situation is little different as far as company formations are concerned, with the firm providing advice in relation to limited company incorporation as well as the subject of this article – the registration of a branch of a foreign company in the UK. Continue reading
New non-executive director liability advice issued by ICSA
Non-executive directors (NED) who are clients of the company secretarial services of London Registrars (https://www.london-registrars.co.uk) will be aware that there are various penalties that can be imposed on them in the event of their failing to carry out their duties. Now, new guidance on their liability has been issued by the Institute of Chartered Secretaries and Administrators (ICSA). Continue reading