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» Requirements for companies

The main Act governing companies is the Companies Act 1993. This Act places restrictions on the company’s activities and on the rules the company can adopt for itself.

Answer the following questions. If you answer any of them with “No” or “Unsure”, make it a priority to find out the relevant information as soon as possible.

Yes Unsure
/No
Does your company have:

  • a name?
  • shareholders?
  • directors?

Learn more: Companies and other legal forms
Does your company have a constitution?Learn more: Companies and other legal forms
Do you know who in your organisation has authority to enter into contracts?Learn more: Contracts
Has your company registered with the Charities Commission?Learn more: Companies and other legal forms, Charities Commission, Taxation
Is your company meeting its tax-related obligations?Learn more: Taxation, Charities Commission

Remember to print this checklist out once you've completed it.

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