There are many ways in which you may chose to run your business. By opting for a private limited company, the directors will have an obligation to ensure that the company conforms to regulatory compliance issues.
Company law is extremely detailed and it is imperative for company directors to have clear guidance on their duties and obligations as directors under the Companies Act 2006.
Our commercial team can assist with company formations, writing your articles of association and shareholder agreements. We also work with company directors to ensure directors do not fall foul of their corporate legal obligations.
The General Data Protection Regulation (GDPR) will come into force on 25 May 2018 and will replace the existing UK Data Protection Act 1998 (DPA 1998). The GDPR is intended to strengthen and harmonise data protection laws across the EU.
The latest changes to the Distance Selling Regulations in the UK came into force in June 2014. These changes mean online businesses will have to reconsider their terms and conditions as they may need to make changes to the content of their websites and their terms of business.
Katie Hughes, Commercial Solicitor with AMD Solicitors looks at your Business needs.
Are you a sole trader or in a partnership? Are you concerned about your financial exposure during this economic downturn? If the answer to both of these questions is yes, then you should be considering converting to a private limited company or limited liability partnership (“LLP”).