From the moment your company was formed, there are a variety of regulatory and governance issues which you must comply with, such as filing accounts, annual returns and other changes with Companies House.
However, staying up to date with corporate governance and regulatory compliance has never been so challenging. There are many day-to-day decisions made by shareholders and directors that you need to properly minute and document in line with Companies Act legislation – for example, the election of dividends, the appointment or removal of officers and auditors, plus share issues, allotments and transfers.
But your legal requirement to keep up with all of these statutory notifications and changes in the Companies Act can often take a back seat when you’re busy managing and building up your business.
