The Complete UK Guide to a Limited Company
A limited company is a distinct legal entity formed in the UK that is separate from its owners. This means that the company itself is responsible for its debts and liabilities, and its owners (shareholders) have limited liability, meaning their personal assets are protected beyond their investment in the company. From the initial formation and registration process […]
Understanding Company Law in the UK
Company law in the UK is an area of legal practice that governs the formation, operation, and dissolution of companies. It provides a legal framework that ensures businesses operate in a fair, transparent, and accountable manner. As a substantial body, company law encompasses various legal aspects, including company formation, director duties, shareholder rights, mergers and […]
Comprehensive Guide to UK Business Immigration
UK business immigration law provides the legal framework for individuals coming to the UK for work and business purposes. These laws regulate the entry and residence of various types of workers, from skilled professionals to business owners. For businesses operating in the UK or planning to establish a presence there, strategic use of immigration routes […]
Comprehensive Guide to UK Business Law
UK business law forms the backbone of the legal framework governing commercial activities in the United Kingdom. Covering a wide array of legal disciplines, these laws are designed to protect businesses, employees, consumers and the environment. Ultimately, they are used to ensure that businesses operate fairly and transparently while promoting a stable and predictable environment […]
Doing Business in the US (The Ultimate Guide!)
Navigating the U.S. Business Landscape The United States stands as a beacon of entrepreneurial spirit and economic opportunity, offering a fertile ground for businesses of all sizes and industries. With its vast and diverse market, the U.S. presents unique advantages, such as access to a large and affluent consumer base, a highly innovative environment, […]
The UK Self Sponsorship Visa (Your Guide!)
Introduction to the UK as a Prime Destination for Entrepreneurs The United Kingdom stands out as a beacon of opportunity for wealthy and ambitious foreign nationals from across the globe. Renowned for its robust economy, the UK offers a fertile ground for business ventures and investments, especially in finance, technology, and real estate. London, […]
Fire Safety Regulations (Employers’ Guide)
Employers are legally required to carry out a fire risk assessment in the workplace and put resulting fire safety measures in place to ensure the safety of their workers and the general public in the case of a fire. This requirement is in accordance with the Regulatory Reform (Fire Safety) Order 2005 in England and […]
Manual Handling Regulations (A Guide)
By law, employers have to take all reasonable steps to ensure the health and safety of their workforce. In particular, manual handling is dealt with under specific legislation, which employers must comply with or risk penalties. What are the manual handling regulations? The Manual Handling Operations Regulations (MHOR) 1992, later amended by the Health […]
Selling a Business as a Going Concern
Selling a business as a going concern can provide prospective buyers with the chance to invest in an established and affordable enterprise, saving valuable time, resources and start-up capital as the business can continue trading from day one of the transfer, without any interim transition period. However, it may not always be possible to sell […]
What is COSHH? Control of Substances Hazardous to Health Regulations
With the maximum penalties for COSHH non-compliance standing at fines amounting to thousands of pounds and possible imprisonment, it is in any employer’s best interests to be fully informed on their legal standing in regard to hazardous substances in their workplace. What is COSHH? The Control of Substances Hazardous to Health Regulations 2002 (COSHH) […]
RIDDOR Regulations: Reporting Accidents at Work
The Reporting of Injuries, Diseases and Dangerous Occurrences Regulations 2013 (RIDDOR) sets out the guidelines and requirements of responsible parties, such as employers, to record and report work-related incidents. Who is responsible for reporting under the RIDDOR regulations? Any employer who is in control of and responsible for a work premises is required to […]
How to File a Companies House Confirmation Statement
Limited companies have to meet certain compliance obligations to Companies House, such as filing annual accounts and filing an annual confirmation statement. In this guide, we look at the rules relating to confirmation statements, including their purpose, what information needs to be checked, the filing process and submission date, and the consequences of not filing […]
What is a Public Company Limited By Shares?
If you run a successful private limited company and are looking to transition to public status, it’s important to understand the implications of your decision and the obligations involved. In thie guide, we explain the benefits and risks of becoming a public limited company, together with the additional administrative and regulatory requirements that must be […]
What Does Limited Liability Mean For Your Business?
When setting up a company, it’s important to understand how different types of business structure work. Factors such as the business owners’ exposure to financial risk and administrative obligations will require careful consideration when deciding which type of company structure is most suitable. In this guide, we focus on the limited liability structure. We explain […]
When & How to Dissolve a Company
There are many reasons why a company could be dissolved. There may be a dispute between the shareholders and directors, there may be succession issues following the death of the business owner, or the business may simply have run its course or perhaps never achieved the desired success. Whatever the reason, the process to close […]
How to Close a Business
Whether you are retiring, ready for your next challenge or your business has not been the financial success that you initially hoped it would be, there are a number of requirements that must be fulfilled in order to formally close a business. In this guide, we explain the steps that must be taken to close […]
Dormant Company Requirements
Even if a company is dormant, there are still a number of filing and reporting obligations that arise in relation to both HM Revenue and Customs (HMRC) and Companies House. As a business owner, it’s therefore important to know what these obligations are and when these arise, to ensure compliance at all times, regardless of […]
Money Laundering Regulations Guide 2022
Anti-money laundering rules in the UK are primarily governed by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, commonly referred to as the Money Laundering Regulations. The following guide examines the provisions under these regulations, in particular the duties of any regulated business to register and report, and […]
AML Compliance Guidance
The UK’s anti-money laundering regime places extensive AML compliance duties on businesses. The following guide examines the meaning of AML and the rules relating to AML compliance across relevant businesses, including offences for AML non-compliance and associated penalties. What is money laundering? Money laundering refers to how criminals change, or ‘clean’ their assets […]
Creditors Voluntary Liquidation (Directors’ Guide)
If a company cannot pay its debts, its directors may decide to put the company into liquidation. Creditors’ Voluntary Liquidation offers directors a way to close their company voluntarily, rather than being forced to close under a winding up order. What is Creditors Voluntary Liquidation (CVL)? Liquidation is a legal process involving the […]