An Introduction to the Companies Act 2006
- Price: £3.60
- Published: June 2016
- Type: Business Information Factsheet
- Format: PDF
The Companies Act 2006 (the Act) is a wide-ranging piece of legislation that covers most aspects of UK company law. The Act provides definitions of different types of companies and sets rules covering company formation, company names, the appointment of directors and company secretaries, memoranda and articles of association, the filing of accounts and annual reports and so on. One of the aims of the Act was to make the process of setting up a company easier, and new methods of company incorporation have been introduced. In addition, the Act reduces the amount of time companies have in which to file accounts with Companies House.
The Act applies in England, Scotland, Wales and Northern Ireland.
This factsheet explains what the Act covers, who it applies to, what obligations it imposes on businesses and what companies and directors must do to comply with their obligations. It also provides useful hints and tips and sources of further information.