When setting up a limited liability partnership, it’s common to put in place a limited liability partnership agreement. You might also see this document referred to as a members’ agreement, LLP agreement, partnership agreement…
Advantages and disadvantages of a community interest company (CIC)
A community interest company (or CIC) is a special form of non-charitable limited company. It exists primarily to benefit a community or with a view to pursuing a social purpose, rather than to make a profit for shareholders.…
What is a certificate of incorporation?
As the Registrar in the UK, Companies House must approve every valid application to form a company. The law says it must then provide a certificate of incorporation, which is an important document. The incorporation certificate…
Advantages and disadvantages of a partnership business
A partnership business is one of the most common forms to run a business in the UK. There are several hundred partnerships currently in existence. The most common alternatives are the sole trader and limited company.…
What you need to know about joint shareholdings
When one person holds shares jointly with one or more others, they are joint shareholders. That’s different from the situation where more than one shareholder each owns shares in a company in their own right. A joint…
How many shares should a new company issue?
How many shares should a new company issue? It’s a frequently asked question. There are several common patterns of share ownership in newly formed companies. However, there is also a great amount of flexibility and no absolute…
2024 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2023, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website