Category: Corporate and Commercial

Directors are responsible for the day-to-day running of a company. Shareholders are the owners of the company, holding shares that represent their proportionate interest in the company.

We would recommend a sole director and sole shareholder review their articles to ensure they are suitable. Sole directors should also consider whether it is appropriate for the needs of the company to be governed completely by one person.

If you own a business and have decided that now you would like to exit, could you sell before the CGT rates increase?

This article tells the cautionary tale of a shareholder who was not familiar with their articles when they became a shareholder and the difficulties this later caused.