Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Company definition

What does Company mean? In legal practice, company describes an incorporated association formed to carry on business or another lawful purpose. Across England and Wales, Scotland and Northern Ireland this ordinarily means a body corporate formed and registered under the Companies Act 2006; in Ireland, under the Companies Act 2014. A company has separate legal personality (Salomon v A Salomon & Co Ltd), can own assets, enter contracts, sue and be sued, and typically provides limited liability for its members. Common forms are the private company limited by shares (Ltd), the public limited company (plc), the company limited by guarantee and the unlimited company....

Companies Act 2006 (UK): Staged Commencement, Transitional Savings and Principal Provisions (2006–2009)

Published by a LexisNexis Corporate expert

Practice notes

The Companies Act 2006 (CA 2006) represents the most comprehensive overhaul of company law in over two decades. Its measures were introduced in stages across roughly three years, with the final elements commencing on 1 October 2009. For an exploration of the background to CA 2006 and the manner of its rollout, see Practice Note: Companies Act 2006—history and approach to implementation.

Implementation of key provisions

The principal commencement dates for CA 2006, together with the key provisions that started on those dates, are detailed in this Practice Note. It should be borne in mind that certain CA 2006 provisions are subject to transitional arrangements and savings, meaning they may not take immediate effect for every company on the date they commence (see Practice Note: Companies Act 2006—history and approach to implementation and Companies Act 2006—commencement orders). Although not provisions of CA 2006, note that the Financial Conduct Authority’s disclosure guidance and transparency rules took effect on 20 January 2007...

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Web page updated on 21/05/2026

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