Documents related to 'how companies work'
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What is a shareholder?Shareholders often provide valuable investment in a company. But is there more to their role?Separation of powersShareholders and directors are often the same people, especially in smaller companies. Even so, shareholders have a... Read more
27 Jan 2023
Why form a company?Often, a business is incorporated because its professional advisor has recommended it as the most tax-efficient way of doing business. But are there other benefits, and are there any downsides?Taking the plungeMany businesses start... Read more
27 Jan 2023
Shareholders' meetingsThanks to the popularity of written resolutions, shareholders' meetings are less common. However, they are still sometimes necessary. Use our summary to check that you follow the rules and ensure your company's decisions are valid.... Read more
18 Jan 2021
How do we form a company?It's never been easier to form a company and to start trading immediately. But as always there's an element of you get what you pay for. So what are the pros and cons of each option? DIY project?You've made the decision to form ... Read more
03 Aug 2021
Removing a directorThings haven't worked out and you need to get rid of a fellow director. Will showing them the door suffice? Or do you need to follow a set procedure?Time to say goodbyeDirectors cannot just get rid of a fellow board member. Removing... Read more
18 Jan 2021
Shares and share classesMany companies have very simple share capital, but companies have the freedom to create different types of share. This checklist explains what shares are, the common types and why a company might want to create different class... Read more
27 Jan 2023
What are our options? It's important to understand the different trading options - some will be more suitable than others. Pay particular attention to the issue of personal liability.... Read more
11 Sep 2009
Memorandum and articles of associationAll limited companies have a memorandum and articles of association. Our model gives you a starting point that you can tailor to your company's needs. What's a memorandum?The memorandum simply states the subscrib... Read more
30 Jan 2018
How to discipline an employeeFrom time-to-time, you will need to discipline members of staff. There is a right and a wrong way of going about this. Use this checklist to ensure you do things the right way. ... Read more
20 Apr 2012
Statutory model articles forpublic companiesYour company is doing well and you decide to convert to a public company. You'll need to change your articles to reflect the additional requirements on public companies. The statutory model articles are a go... Read more
23 Feb 2018
