Companies and their directors have numerous constitutional duties and legal obligations to fulfil. Failure to comply with any requirements could, for example, result in a decision being made by a director or passed by the board of shareholders which is later found to be invalid, thereby exposing the company to potential fines and other liabilities. Depending on the type of breach, the company’s directors could also face personal liability.
We can help both public and private companies avoid such problems by advising them of their current duties and obligations and drafting necessary paperwork (including, but not limited to, board minutes, board resolutions, notices and minutes of shareholders’ meetings).
The corporate team regularly advises AIM-listed companies on UK corporate governance issues.
We also offer company secretarial services including:
- the incorporation of the company (adopting general Articles of Association or entirely bespoke Articles of Association, which we can draft);
- advising on company secretarial duties including the keeping of company statutory books; and
- advising on completing and filing of all relevant paperwork at Companies House.’
This service is particularly useful for overseas clients who have or would like to start a business in the United Kingdom. We can fully manage the company on your behalf and can also introduce you to suitably-qualified accountants.