Shares or guarantee - getting it right from the start

14 Feb 2014
Kathleen O’Reilly, our Head of Internal Legal Services highlights the importance of getting the right corporate structure from the outset. Clients often ask if it’s possible to change from a guarantee company to a company limited by shares and vice versa. Unfortunately it is not and this highlights the importance of getting the right company structure for your needs from the... Read More AboutShares or guarantee - getting it right from the start »

By Carol Prince

Companies House say mandatory online filing on hold

14 Feb 2014
Jordans were always slightly sceptical of the ambitious targets set by Government for the mandation of electronic services by Companies House. Given the success of various Companies House electronic filing initiatives (which compares starkly to the dismal failures of other Government led IT projects) we feel Companies House are right to concentrate on the "80/20" rule. Jordans, for... Read More AboutCompanies House say mandatory online filing on hold »

By Adrian Healey

Family companies – can children hold shares?

14 Feb 2014
In England and Wales* there is no prohibition on a person under the age of 18 (a minor) becoming a member of a company and holding shares.  However, the child can reject or set aside the agreement for the shares while they are still under the age of 18.   The best practice, therefore, is to avoid a minor becoming registered as a member of a company. This is especially so... Read More AboutFamily companies – can children hold shares? »

By Carol Prince

Incorporating Academy Schools

14 Feb 2014
An academy is a centrally funded independent state school run by an Academy Trust.  The Academies Act 2010 received Royal Assent on 27 July 2010.  Since then, all maintained schools have been able to apply to become an academy.  There are currently more than 800 academies open and over 1350 schools have applied to become academies since June 2010.  The legislation... Read More AboutIncorporating Academy Schools »

By Wendy Rees

How secure are your company authentication codes?

14 Feb 2014
With over 5 million company documents filed electronically at Companies House last year, security is often a concern. Every company has a single authentication code allowing them (or their agents) to electronically submit accounts, annual returns or other changes to the company’s details . Here are Companies House top tips to keeping your company’s code secure: Don’t... Read More AboutHow secure are your company authentication codes? »

By Lee Date

Incorporating for protection

14 Feb 2014
In this uncertain financial climate, setting up your own business can be risky. So follow our tips for choosing the best form for your business. With any new venture, it is important to minimise risk by getting the right advice at the start as to the form that your new business venture should take. Ask your solicitor, accountant or business adviser. Consider your options,... Read More AboutIncorporating for protection »

By Adrian Healey

We're supporting Start up Britain - are you?

14 Feb 2014
“The people best placed to help business are the people who do business." So said David Cameron on Monday as the Government launched a major new campaign aimed at new entrepreneurs, under the heading “Start up Britain”. The campaign is designed to deliver help and advice from existing businesses and entrepreneurs to new businesses. It has already attracted... Read More AboutWe're supporting Start up Britain - are you? »

By Carol Prince

Companies Act 2006 - one year on

14 Feb 2014
Companies Act 2006 – one year on With a recent BIS review  indicating largely positive feedback and good levels of awareness of the Companies Act 2006, we too have been in reflective mood.  What has the impact been for us and, more significantly, our clients? The highs… The Act has undoubtedly brought benefits, namely: easier company... Read More AboutCompanies Act 2006 - one year on »

By Wendy Rees

Top tips on choosing a company formation service provider

14 Feb 2014
In a previous post, we explored how in recent years the company formation process has become faster and slicker. Whilst all this is true, it’s easy to make sacrifices at the altar of convenience. Forming your own company is an important step to take and carries with it serious, legal obligations. So, before you click "OK", consider these factors: ... Read More AboutTop tips on choosing a company formation service provider »

By Carol Prince

Company formation - just as it should be

14 Feb 2014
The company formation industry today is very different to the one I joined more years ago than I care to admit to here. Back then, incorporating a limited company was a long, slow, rather languorous affair that could last several weeks. These days, it’s barely a one-night stand! Even the 1985 Companies Act did little to speed up a process that had remained largely unchanged for... Read More AboutCompany formation - just as it should be »

By Carol Prince

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