The register of people with significant control (the “PSC register”) was introduced by the British government in April 2016. It was designed, amid concerns of corporate transparency, to ensure that individuals who ultimately own and/or control a company (i.e. behind all the corporate layers) are identified, and their details are made public. Whilst the UK […]
People who have read Ayn Rand’s classic ode to capitalism Atlas Shrugged tend to fall into two camps – those who think it is a prediction of dystopian horror that the world could face if corporations are not kept under control, and those who believe it is a sacred treatise that could save the world […]
There are over 180,000 charities in England and Wales[1], which endeavour to benefit various sectors of society in unique ways. But the one thing they all have in common is they rely on the dedication, experience, time and effort of committed charity trustees. This article gives a brief picture of what a charity trustee is, […]
Commercial contract breaches can result in one party having to pay a vast sum of money to another, as compensation for the breach. The financial ramifications can affect not only the signatories, but other entities reliant upon them. As a result, there are many rules and regulations that govern the formation and enforceability of contracts. […]
There is no doubt that the UK has a simple and straightforward process for setting up a company. According to current World Bank economy rankings, the UK is the 7th easiest country in the world to do business and the 16th most start-up friendly nation[1]. To add to the comfort that entrepreneurs feel when launching […]
Trademarking – What do President Donald Trump, Cheryl, Beyonce and Jay Z and a 9/11 hero widow have in common? They have all successfully trademarked a name, word or phrase. United States President-elect, Donald Trump has registered the phrase, make America great again as a trademark. The phrase has been a common Republican rhetoric since […]
It might not be the most riveting part of starting an online business but when it comes to ensuring you get paid and do not encounter a cash flow crisis, defining robust terms and conditions that you can rely on to resolve such issues are vital. Your terms and conditions set out how you trade. […]
The Charities (Protection and Social Investment) Act 2016 is designed to provide tougher regulatory powers to the Charity Commission, anyone operating a charity or acting as a trustee. Knowledge of its scope and powers are essential. Believe it or not, the Charities (Protection and Social Investment) Act 2016 was born out of a media scandal. […]
The ultimate aim of a company is to make a profit. Of course, company directors and entrepreneurs are driven by more than money. They want to ensure that their products and/or services improve people’s lives for the better. They may even desire (and many in fact achieve) making the world a better place overall. This […]
