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What are the reasons for updating your Articles of Association? Articles are adopted on incorporation and then often only referred to when there is a constitutional issue, keeping your Articles updated could prevent an issue from arising. Ideally, they are updated with each major update to Company law (this was 2006) and older Articles are often tricky to understand or have outdated clauses about having to hold an AGM or automatic pension entitlements for Directors.

In today’s ever-changing and fast-paced business landscape, companies are constantly seeking ways to streamline operations, improve efficiency, and maximise profits.  One strategy that has gained significant traction in recent years is outsourcing. By entrusting certain tasks and functions to third-party vendors, businesses can tap into a wide array of benefits that ultimately contribute to their growth and success.  The Company Secretary’s role as an expert in Company law and Governance and a trusted advisor to the board is an ideal role to be considered for outsourcing.

What are the reasons for updating your Articles of Association? Articles are adopted on incorporation and then often only referred to when there is a constitutional issue, keeping your Articles updated could prevent an issue from arising. Ideally, they are updated with each major update to Company law (this was 2006) and older Articles are often tricky to understand or have outdated clauses about having to hold an AGM or automatic pension entitlements for Directors.

As part of the increased powers delivered to Companies House and the continued implementation of the Economic Crime and Corporate Transparency Act (ECCTA) to improve the accuracy of the information on the registers and tackle economic crime, Companies House fees will...

Economic Crime and Corporate Transparency Act received royal assent on 26th October 2023, notably the largest reform ever for Companies House. To date, Companies House has been largely an unresisting administrator of company information which has led to serious...