Articles by author
Companies Act 2006: time to review?
The Companies Act 2006 (the Act) received royal assent in November 2006, following an independent review involving a wide range of people (the Review). The then Minister of State for Industry and the Regions (Margaret Hodge) said it would bring major benefits to business by modernising and simplifying company law. Twenty years on, it is a good time to reflect on whether the Act accomplished what it set out to do and to look at some changes the government could consider. This article picks out some of the areas where improvements could be made.
26 JUL 2026Proposed UK corporate redomiciliation: issues for lenders
Corporate redomiciliation is the process by which a company changes the place where it is incorporated, so as to become subject to the company law of a new jurisdiction whilst retaining its legal personality. In October 2024, a UK independent expert panel issued a report to the UK government setting out a proposed regime for corporate redomiciliation to and from the UK. This followed a government consultation on the principles of a corporate redomiciliation regime in October 2021. The government intends to consult in due course on a proposed regime design.
Many jurisdictions, including Singapore, Jersey, Luxembourg, Australia, New Zealand, Canada and the State of Delaware, already have redomiciliation regimes and companies in the EU can move to another member state. Lenders may therefore have already considered the implications of a company redomiciling but each regime differs and it is therefore important to consider the UK proposals and their implications.
