Tuesday, 31 July 2007

Companies Act

The Companies Act was revised last year and is now coming into play. The duties and responsibilities of a Director and a Company Secretary are now spelled out in detail and there are a number of other changes overall.

Being a Director is not to be undertaken lightly and any existing or proposed Director is advised to have a look at the Companies House website where there is a summary of the new provisions. There is also a Directors and Secretaries Guide which is good.

See http://www.companieshouse.gov.uk/about/pdf/gba1.pdf

and then talk to Bob Shepherd Associates about structuring your business.

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