More Lies?

[Peter Saxton]

I've read the following:

"The draft Company Law Reform Bill proposes to make the rules
easier for businesses to understand, and to increase
flexibility.

The Bill includes plans to simplify the rules for forming a
company, and to abolish the need for a company secretary, and
is expected to save small companies around 100 million pounds
a year."

There must be around 2 million small companies, so this will be an
average saving of 50 pounds. Is this likely? How will the money be
saved?

If they really want to save small companies money why don't they put
the standard Memorandum & Articles of Association on the website and
make it available for editing. Also they could put share transfer
forms and dividend vouchers on the website.

 

[Keith]

I've read the following:

"The draft Company Law Reform Bill proposes to make the rules
easier for businesses to understand, and to increase
flexibility.

If they really want to save small companies money why don't they put
the standard Memorandum & Articles of Association on the website and
make it available for editing.

Why don't you do it, Peter?

It's not copyright and it would be a service to humanity... nice little
addendum to your professional c.v. as well..

 

[Peter Saxton]

Why don't you do it, Peter?

It's not copyright and it would be a service to humanity... nice little
addendum to your professional c.v. as well..

Good point. I don't know if I have one on my computer that is not
copyright though so I would have to get another and then have someone
type it in.

 

[Magnus]

Good point. I don't know if I have one on my computer that is not
copyright though so I would have to get another and then have someone
type it in.

This would be great, hope someone does this or post a link to an example and
perhaps even with a few explanations and tips.

// Magnus