Blog - Page 28 of 61 - Inform Direct

What is a dormant company?

Published in Business finance on May 29, 2022 by Henry Catchpole

Your company may be considered dormant if it is not currently carrying out any business and it does not have any other sources of income, including investment income. This article explains what to do and what to avoid doing in…

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Tags: accounting, accounts, company types, dormant companies

Is your subsidiary company exempt from audit?

Published in Company records on May 27, 2022 by Eunice Brain

Most small standalone UK companies will qualify for exemption from audit. However, there are additional requirements that you must consider if your company is a member of a group.…

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Tags: company accounts, audit exemption, company size

What are Company Share Option Plans (CSOPs)?

Published in Shares and shareholders on May 23, 2022 by Philip Newman

Company share option plans (CSOPs) are tax advantaged discretionary employee share option schemes. They allow companies to issue options to any employee or full time director to buy shares.…

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Tags: employee share schemes, Option holders, Options, Share options, share schemes

Authorised share capital: is it still relevant?

Published in Shares and shareholders on May 19, 2022 by David Hill

Authorised share capital defined a maximum value of shares that a company could issue. Until 2009 it was compulsory to include it in the memorandum of association. After 2009 it is no longer required to have a limit on share…

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Tags: share capital, articles of association, memorandum of association, share issue, shares

Ordinary Resolution – What is it?

Published in Company records on May 17, 2022 by Ben Robinson

During the life of a company many important decisions must be passed via resolutions under the Companies Act 2006. An ordinary resolution is the most common of these as rarer and fewer decisions require a special resolution.…

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Tags: meetings, resolutions, shareholders

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What are a company director’s duties?

Published in Company officers on May 17, 2022 by Johnathan Korchak

What are the duties and responsibilities of a company director? Here we investigate what the Companies Act says a director should bear in mind when exercising their duty.…

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Tags: company officers, directors, responsibilities