Close Company in United Kingdom

Definition of Close Company

In accordance with the work A Dictionary of Law, this is a description of Close Company : A company under the control of its directors or five or fewer participators. The participators have or are entitled to acquire a share or interest in the capital or income of the company and can include *loan creditors. Special tax provisions apply to such companies.

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Schema Summary

This entry was last updated: November 4, 2020

CL

Coal Note
Claims
Close Rolls
Clerk
Claim Forms
Claim Of Conusance
Closing Submissions

Company Law

Corporation
Shareholder Agreement
Company Meetings
Defunct Company
Company Secretary
Small Company Moratorium
Company Reconstructions

Short Read

Heir In Talzie
Justiciarii Residentes
Division
Assithment
Agnates
Jure, Writ Of
VAT & Duties Tribunal

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