Companies Act (UK)

The Companies Act (UK), enacted in 2006, is a comprehensive law that governs how companies in the UK are formed, operated, and dissolved. It sets out rules for company registration, management, directors’ duties, shareholder rights, financial reporting, and compliance standards. The Act aims to ensure transparency, accountability, and fairness in business practices, protecting investors and the public. It applies to private and public companies, providing a legal framework that supports business growth while maintaining oversight to prevent misuse or misconduct.