Whether you establish a new company or you are managing an existing business, you are required to act in accordance and comply with the relevant company law of the country in which the company is formed. It is vital that a company is operated inline with the necessary legal requirements and obligations imposed under its related law as non compliance may result in legal action taking place. EFSAG consultants are specialists in all areas of company law in countries across the globe and we can advise companies and individuals on how to act in accordance with the relevant legislations.
How EFSAG can help with Company Law
EFSAG professional and experienced legal consultants can advise you on all your company law compliance and case matters. We have the experience and expertise to provide comprehensive guidance on how to establish, manage and engage in trading while remaining in strict compliance with the relevant law that affects your company. EFSAG can help you with documentation, the internal and external operations of your company and various other legal obligations to ensure you fully understand what is expected from you under company law.
For more information on company law and how it affects your offshore company registration, Contact EFSAG.
What is Companies Law
Companies Law is also referred to as the law of business associations and its provisions will vary according to the country that introduced the law. Each jurisdiction will adopt their own law framework however the main focus of company law will remain the same across the board.
Companies Law will typically provide for shareholders, directors, creditors, employees and consumers and aims to ensure fair activity. It covers a broad spectrum of company areas such as corporations, partnerships, charitable organizations and sole proprietorship’s to name only a few.
Under company law a company or corporation is considered to have a legal personality and can sue or be sued by third parties. This is one of the most popular company structures as it imposes on the owner’s limited liability.
Who is covered under Companies Law
Limited Liability Partnership
Companies Law Framework
Balance of power
Shares and share capital
Liquidations, insider dealing
Mergers and acquisitions
Company Law in Europe
If you establish a company within the European Union you will be subject to European company law which was designed to cover the formation, management and insolvency of companies within the EU.
Each EU member state employs their own company law however it is a requirement that each EU member state enforces their law in compliance with the EU Directives and Regulations. Although EU member states adopt their own form of company legislation, there are several standard provisions of company law across all EU member states.
If a company is established in the EU as a Societas Europaea (SE) then is can operate across all EU member states and will therefore be subject to the European Company Statute which requires all EU member states to treat the SE as a public company.
There are a number of Directives in place that make up the legal framework for the EU Directive and regulations standards that all company laws must comply with.
Some of the areas which come under the EU directives include but are not limited to:
Formation of public companies
Maintenance and alteration of capital
Mergers of public companies
Division of public companies
Cross border mergers (public companies)
Disclosure of overseas branches
Single member companies
Take over bids
Transparency of listed companies