Corporate & Commercial News & Insights

In 2024, Companies House implemented significant reforms under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) to enhance corporate transparency, compliance and combat financial crime.

Gregory Abrams Davidson Solicitors announce new Head of Commercial Property within their GAD Commercial division

New idea, new business? Or perhaps you are looking to scale up your existing business and want to ensure that you have the right structure in place? There are a number of options available and choosing the right corporate vehicle for your needs is very important.

Whether you are buying or selling a business, it is a significant decision and one which must be considered carefully by all parties involved.

When putting in place or reviewing shareholder arrangements (i.e. shareholder agreements and/or new articles of association) for private companies, the possibility of the death of a shareholder should be specifically considered.

You could start with a completely original idea and work up from there. Many tough decisions lie ahead. How do you launch your idea? How do you become noticed in the marketplace? How do you build the goodwill needed to sustain the future business? How is the business to be funded? An alternative may be to enter into a franchise arrangement with an already established brand. Franchising has grown enormously over recent years. It should not, however, be seen as an “easy fix” way into the business. As with any other business venture, careful thought and planning is required.

If your business has started to struggle to fulfil customer orders or it has suffered delays or cancellations to orders purchased from its suppliers, now may be the best time to review the contracts governing those contractual arrangements.

Which is the Transactional Route for You? We get asked this question all the time by our developer and investor clients. While both methods of acquiring real estate are capable of achieving the same result, the legal effect and tax treatment* of the two structures are quite different. While the tax implications* are quite important when assessing which structure to implement, this note focuses on the legal considerations.

Merging 2 business entities into 1 can create a robust corporate body which is capable of achieving more than struggling single units could ever accomplish on their own.