CLP Legal Practice Guides: Business Law and Practice 2023-2024

Business Law and Practice provides a detailed guide to the forms of business most commonly encountered in practice, examining how they must be run in accordance with the statutory and common law applicable to them. It explains these businesses relationships with outsiders and gives an overview of their possible tax liabilities. As such, the book provides a comprehensive and practical introduction to advising businesses, whatever their type.

table of content

Starting a Business

The Different Types of Business

Introduction to the Company

Running a Business as a Company Limited by Shares

How to Set Up a Company

The Company’s Constitution

The Company’s Shareholders

Officers of the Company

Controls on Directors

Company Decision-making

Financing a Company: Shares

Financing a Company: Debt

Taking Security

Public Companies

Running a Business in Partnership

The Start of a Partnership

The Partnership Agreement

Partners’ Responsibilities

Liability for the Firm’s Debts

Dissolution

Limited Liability Partnerships

Insolvency

Corporate Insolvency

Personal Insolvency

Taxation

Calculation of Trading Profits of a Business

Taxation of Companies: Corporation Tax

Taxation of Companies: Special Provisions Relating To Companies

Taxation of Sole Traders

Taxation of Partnerships

Taxation of Employees and Directors

Taxation of Savings and Investment Income

Business Reliefs from CGT and IHT Available to Individuals

Tax Considerations in Choice of Medium

Conversion

Some Aspects of Trading

Sale of Goods

Employment and Other Regulatory Concerns

Introduction to Agency and Distribution Agreements

Choosing a Marketing Agreement

Competition Law

Appendices