On 25 October 2019, the Department for Business Energy & Industrial Strategy (BEIS) published guidance setting out the changes to the Companies Act 2006 and to the wider framework of UK corporate law and accounting and audit regulations in the case of a "no-deal" Brexit.
The guidance essentially summarizes all previous government guidance on the changes arising from Brexit to UK company law. In nearly all cases the changes, which are largely minimal, will only impact businesses that have a cross-border relationship with EU, whether by conducting business operations in the EU, by being an EU company operating in the UK or by being a UK subsidiary or branch with an EEA parent, for example.
The guidance sets out the different aspects of UK company law affected by Brexit, which companies may be impacted, and what action each affected company should consider taking.
The BEIS guidance can be found here.
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