This guidance is to help your company prepare for Brexit.
It details the changes that have been made to the Companies Act 2006 and the wider framework of corporate law and accounting and audit regulation created as a result of Brexit. In nearly all cases the changes will only impact businesses that have a cross-border relationship with the EU:
- through conducting business operations in the EU
- by being an EU company or individual operating in the UK
- by being a subsidiary or branch with an EEA parent
- by being a UK subsidiary or branch with an EEA parent
In most cases the changes will be minimal.
There are more detailed requirements in relation to auditors that are also covered in this guidance document.