Limited Liability Partnerships: An Overview
A limited liability partnership (LLP) is a hybrid business structure that offers its members the flexibility of a partnership with many of the legal protections afforded to a limited company.
How to Set Up a Business in the UK
In the UK, setting up a business is the stage of choosing a legal structure, registering it correctly with Companies House and HMRC and then submitting your first filings. A
Can I Close My Limited Company and Open a New One?
You can close your limited company and open a new one, provided you follow the correct legal process depending on whether the company is solvent or insolvent. What are the different ways
How to Change from a Sole Trader to a Limited Company
Many business owners reach a time when they consider a change from sole trader to limited company status. If that time comes, they must close or transfer the sole trader
Director Disqualification: What You Can and Cannot Do
A director disqualification is a statutory ban under the UK’s Company Directors Disqualification Act 1986 (CDDA). It prevents someone from acting as a company director and from any involvement in forming, promoting
How to Resign as a Company Director: A Step-by-Step Guide
Anyone exploring how to resign as a company director should start with the company’s articles of association and their contract. These set out the notice requirements and obligations as a
What is a Director Service Address?
A director service address is the official correspondence address a director gives to Companies House for publication on its public register. It differs from the company’s registered office address and the director’s private
What Are Company Statutory Books? The Registers You Must Keep
Under UK law, a private limited company must maintain statutory books as official internal records showing how it is run. Investors, banks, government agencies, regulatory bodies and directors are examples of parties
De Facto and Shadow Directors: When You Are Liable Without Being Appointed
A shadow director is someone who helps control a company from behind the scenes, the unseen hand that directs operations. A less familiar term is a de facto director, which is someone who
Setting Up a Limited Company with Multiple Share Classes
Setting up a limited company with multiple share classes takes more planning than a standard company with one class of ordinary shares. In our experience as company formation specialists, it