Updated: 8th January 2020
The Companies Act 2006 is an act of parliament that currently serves as the primary source of company law in the UK. This particular act has the distinction of being the longest in the history of British Parliament, containing 1,300 sections that span over 700 pages, with a list of contents that is 59 pages long. The act also contained 16 schedules, but those have since been superseded by the Corporation Tax Act of 2009.
The provisions of the act were implemented gradually in stages, with the final provision being put into force on October 2009. Changes were made to almost every aspect of UK company law, but the following are the key components of the act:
If you have any curiosities concerning UK company law or business recovery please feel free to drop us a message with your questions. Alternatively, you can call us on 0800 644 6080 for free confidential advice. Real Business Rescue provide director advice online, over the phone, or in-person at one of our 78 UK offices or a place of your convenience.
29th September 2020
The government has announced extensions to corporate insolvency and governance measures brought in to offer some extra breathing space to companies and their directors during the coronavirus pandemic.Read More
24th September 2020
Newly introduced Covid restrictions could prove to represent a “crushing blow” for thousands of companies across that UK.Read More