The Department of Trade and Industry has announced proposals designed to reduce the complexity of company law, particularly for small businesses. Among changes proposed in the Company Law Reform Bill are measures to simplify company formation, make the holding of annual general meetings optional for small companies and also to make it unnecessary for the smallest companies to have a company secretary. For further details, see the DTI website.
Company Law Simplification
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.
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