Drag along rights are pre-negotiated rights in a shareholders agreement and / or may also be contained within a company’s Articles of Association, giving majority shareholders important commercial flexibility. Drag along provisions are important to the company as a...
With the anniversary of the General Data Protection Regulation (GDPR) coming into force just months away, Google has been fined a record sum for major data breaches; and separate complaints have been made against Google and other high-profile tech giants around...
The Business Contract Terms (Assignment of receivables) regulations 2018 came in to force on the 24th November 2018 and applies to contracts entered into on or after 31st December 2018. The regulations only apply to England, Wales and Northern Ireland. What are they?...
Tax considerations for new start upsTax can impact the structure you adopt in running your business, to how you pay yourself and how you realise any profits. How you are taxed will be dependent on the type of start-up you establish, for example should you set up as a:...
When starting a business, most people often think of setting up a Company. There are however a number of options for structuring a business, each with its own pros and cons. We have set out below some of the most common. Limited Companies A limited company is a...
Now that businesses are (or should be!) familiar with the ‘persons with significant control’ (PSC) disclosure rules, which came into force in April 2016, Companies House is stepping up its enforcement of the rules. It will also make its communications and guidance on...
