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Until recent, the relationship between sole directors and Model Articles in UK limited companies has been very complex.
To simplify incorporation procedures in the UK and to boost economic growth, Companies Act 2006 allowed companies to be registered with only one director (Sole Director) and removed a requirement of a mandatory appointment of a company secretary.
READ MOREThe allure of a ‘free company registration ‘ offer is undeniable, promising a cost-effective way to kickstart your business. However, as with any seemingly too-good-to-be-true deal, it is crucial to approach with cautious optimism and delve into the details.
In this blog, we explore the potential catches associated with these offers and provide insights to help you make an informed decision.
READ MOREAh, the Economic Crime and Corporate Transparency Act (ECCT Act)! Very important and probably the most significant Corporate Legislation in the UK since the amendments to the Companies Act in 2006. The Bill has received the Royal Assent and became the law on the October 26, 2023. Improvements in the areas of aimed at battling financial crimes will no doubt lead to tightening corporate regime and requirements in both incorporation procedures and post incorporation requirements.
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