From 1 October 2009 companies should be anticipating significant changes to their administration and management as new provisions contained in the Companies Act 2006 come into force. One of the areas which will require a professional review and possible amendments is the companyās Memorandum and Articles of Association. This article explains the main alterations and steps which need to be taken to comply with the 2006 Act in respect of the Memorandum and Articles.
Commercial Consultancy at London Registrars
London Registrars, apart from providing a wide variety of business support services, provides commercial and legal advice. This part of our business is becoming more and more popular among our clients.
Resolving workplace disputes
Workplace disputes can be expensive for employers and catastrophic for business. Because of this there are set principles and government guidelines that employers should observe in these situations. Continue reading
Contracts of employment
As a vast majority of businesses need employees in order to expand, company directors, sooner or later, have to face the prospect of recruiting people and familiarising themselves with employment law. Employment law, together with discrimination and data protection legislation, all have major roles to play throughout the recruitment process.
New Health and Safety Act
The Health and Safety Offences Act 2008 came into force on 16 January 2009. This Act increases penalties and provides courts with greater sentencing powers for health and safety offences in a workplace. In particular it Continue reading
Penalties for late annual accounts filing
It is a legal requirement for all companies, regardless if they are trading, non-trading or dormant, to submit their annual accounts to Companies House before the due dates. Failure to do so automatically results in financial penalties imposed on businesses for late accounts filing. Continue reading
Do you want to become an entrepreneur?
For most people being forced to clean up their desks, pack their belongings and say goodbye to the company to which they devoted so much energy, passion and time isnāt easy. The frustration, anger and disappointment remain for a long time. But, instead of staying immerged in despair, more and more people who have currently been made redundant are turning all these negative feelings into something positive and rewarding ā they are starting their own businesses and making money for themselves!
Shareholders’ Rights Directive
The Shareholdersā Rights Directive will be introduced into UK law in August 2009. According to the Department for Business Enterprise and Regulatory Reform (āBERRā), which is responsible for implementing the Directive, the aim is to: āimprove corporate governance in EU companies traded on regulated markets by enabling shareholders to exercise their voting rights and rights to information across bordersā.
Many of the provisions in the Directive are already in force in the UK, through the existing legal and governance framework. BERR is currently consulting on the following changes which, when agreed, will be implemented through amendments to the Companies Act 2006:
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London Registrars’ process agency service
Many companies based overseas may be required by the parties with whom they are entering into an agreement to appoint and authorise a process agent to receive court papers (otherwise known as process) in England and Wales in the event of any legal actions or proceedings brought by the parties to the agreement.
How outsourcing your company secretarial function can help your business
Peter Driver, Client Services Director at London Registrars Ltd, talks in this article about how company directors can manage their governance and statutory obligations effectively by making use of outsourcedĀ company secretarial servicesĀ and describes how London Registrars has worked with new and existing clients to overcome initial reservations about outsourcing. Continue reading