Share Sale/Purchase: Is Shareholders’ Approval Required?
Share Sale/Purchase: Is Shareholders’ Approval Required? Baher SalehInternational Associate Introduction – Is there any legal obligation for shareholders to approve the sale or purchase of shares? Generally, there is no mandatory legal obligation for shareholders to approve the sale or purchase of shares when the parties involved are private companies. However, in certain situations, such […]
Limited Company vs. Sole Trader: Which Is Right for You?
Limited Company vs. Sole Trader: Which Is Right for You? Polina KriulinaCommercial Paralegal Introduction When starting your own business or embarking on a freelancing career, one of the first decisions you’ll face is choosing a company structure. The two most common options are becoming a sole trader or establishing a limited company. This choice can […]
Why Business Needs a Legal Health Check
Why Business Needs a Legal Health Check Polina KriulinaCommercial Paralegal Financial health is vital, but legal health is equally crucial; ignoring it often leads to serious, overlooked legal problems. A Legal Health Check is a systematic process designed to identify and address these needs. Analyzing your business and personal details to identify, understand, and prioritize […]
Adapting Corporate Governance for UK Startup Success
Adapting Corporate Governance for UK Startup Success Polina KriulinaCommercial Paralegal Introduction In a time of rapid technological advancement and burgeoning entrepreneurial spirit, startups, which are newly founded companies and predominantly small ones, have emerged as significant players in the UK’s economic landscape. The role of corporate governance in aiding startups to achieve success and longevity […]
Resolutions of Private Companies Limited by Shares Under the Companies Act 2006
Resolutions of Private Companies Limited by Shares Under the Companies Act 2006 Baher SalehInternational Associate Definition and Methods of Passing a Resolution in the Context of the Act: A resolution, as defined by the Act signifies a formal decision passed by the members (shareholders) of a company. The Act delineates two principal methodologies for issuing […]
Navigating Directorial Disputes in Private Limited Companies by Shares
Navigating Directorial Disputes in Private Limited Companies by Shares Baher SalehInternational Associat Introduction The incorporation of a Private Limited Company in the UK may typically start with an alignment of visions among the subscribers (the founding partners). However, as the company grows and evolves, differences in management philosophies can emerge, potentially leading to conflicts among […]
Changes to the UK Company Law
Changes to the UK Company Law Omar ElzayatInternational Associate Introduction The UK government is undertaking a comprehensive reform of the country’s company laws. As part of these changes, it aims to enhance transparency and fight economic crime. Central to these reforms, therefore, is a substantial increase in the fees charged by Companies House for various […]
Resolutions of Private Companies Limited by Shares
Resolutions of Private Companies Limited by Shares Baher SalehInternational Associate Definition and Methods of Passing a Resolution in the Context of the Act: A resolution, as defined by the Act signifies a formal decision passed by the members (shareholders) of a company. The Act outlines two main ways for a private company limited by shares […]
Economic Crime Transparency and Enforcement Act 2022
Economic Crime Transparency and Enforcement Act 2022 Lavinia IonProperty Paralega Overview The Economic Crime Transparency and Enforcement Act 2022 (the “Act”) came into force on 13 January 2023 with the aim to expand the understanding of overseas entities and financial crime in the United Kingdom. The act requires overseas entities that acquire real estate in […]
I’m Starting a Business… Do I Need a Contract?
I Am Starting a Business… Do I Need a Contract? An entrepreneur’s guide to understanding contracts Starting a business can be an exhilarating and marvellous milestone in life. Typically, entrepreneurs are usually occupied with ensuring their idea, service, or product is ripe and ready for picking (metaphorically of course – unless you’re starting a fruit […]
