Blog

Key Changes to UK Company Law Coming in March 2024

Key Changes to UK Company Law Coming in March 2024

The first changes to be implemented under the Economic Crime and Corporate Transparency Act ae scheduled to be introduced on the 4th March 2024. We take a look at the key amendments to be implemented under this set of amendments.

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What are Alphabet Shares and Why are They Used?

What are Alphabet Shares and Why are They Used?

‘Alphabet Shares’ are named as such because these shares are typically denoted by the letters of the alphabet, I.E. a company may issue Ordinary ‘A’ shares, Ordinary ‘B’ shares and Ordinary ‘C’ shares. A primary reason for issuing Alphabet Shares is the greater flexibility in the rights attached to the shares that this affords.

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The Corporate Transparency and Register Reform update

The Corporate Transparency and Register Reform update

The ‘Corporate Transparency and Register Reform’ white paper has recently been published by the UK Government. Following various consultations with stakeholders since 2019, there is a clear need for reform to combat abuse of the company framework in the UK.

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Coronavirus (COVID-19) Information and Updates

Coronavirus (COVID-19) Information and Updates

Simple Formations has worked hard over the last few weeks to ensure we have procedures in place to maintain our services for our customers and to protect the welfare of our employees during the Coronavirus (COVID-19) outbreak.

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We are OPEN! Service Updates

We are OPEN! Service Updates

We are open and forming companies. In general, companies are being formed in normal time frames of just 5 to 6 hours. Registered office services are operating and we are forwarding mail to customers.

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