Companies Act
The Companies Act comprises of approximately 1,300 sections and introduces new legislation which reflects the changing business environment.
The Act provides for a single company law regime applying to the whole of the UK, so that companies will be UK companies rather than GB companies or Northern Ireland companies as at present. In Scotland, there are several areas where the Act deals with matters that are devolved.
Summary of the Act
PART | SUMMARY |
---|---|
1 to 7 | The fundamentals of what a company is, how it can be formed and what it can be called. |
8 to 12 | The members (shareholders) and officers (management) of a company |
13 and 14 | How companies may take decisions |
15 and 16 | The safeguards for ensuring that the officers of a company are accountable to its members |
17 to 25 | Raising share capital, capital maintenance and company charges |
26 to 28 | Company reconstructions, mergers and takeovers |
29 to 39 | The regulatory framework, application to companies not formed under the Companies Acts and other company law provisions |
40 to 42 | Overseas disqualification of directors, business names and statutory auditors |
43 | Transparency obligations |
44 to 47 | Miscellaneous and general |
Information
- Business
- Starting a business
- Limited companies
- The tax system for companies
- Forming a limited company
- Pros and cons of limited companies
- Buying a company 'off the shelf'
- Tax and the company car
- Company bonus or dividend?
- Tax saving strategies
- Interest and tax payments
- Companies Act 2006
- A company's members
- A more in depth look at the act
- Accounting records
- An auditor's rights to information
- An historical record of the key changes
- Appointment of auditors
- Appointment of directors
- Changing the company name
- Choosing a name for your company
- Directors transactions requiring members approval
- Directors' liabilities
- Directors' report
- Directors' service contracts
- Do you need an audit?
- Filing of accounts and late filing penalties
- Financial year
- General duties of directors
- Group accounts
- Loans to directors
- Records of directors meetings
- Registered office
- Related director agreements
- Shares and share capital
- Signing of accounts: directors and auditors
- Forming a limited company
- Companies House - forms you need to know about
- The law and directors' responsibilities
- Statutory records
- The company secretary
- Getting the company struck off
- Running your business
- Partnerships
- Your employees
- Selling your business
- Personal
- Tax
- Calculators