Companies Act 2006: Primary legislation governing company formation, management, operation, directors' duties and responsibilities, and shareholder rights and obligations
Partnership Act 1890: Governs traditional partnerships, including rights and duties of partners, partnership property and dissolution procedures
Limited Liability Partnerships Act 2000: Legislation specific to LLPs, defining member rights and responsibilities in Limited Liability Partnerships
Equality Act 2010: Ensures non-discrimination and fair treatment of co-owners in business relationships
Consumer Rights Act 2015: Relevant if the business deals with consumers, defining business obligations towards customers
Data Protection Act 2018 and UK GDPR: Governs data protection responsibilities and information sharing between co-owners
Contract Law (Common Law): Fundamental principles including offer, acceptance, consideration, intention to create legal relations, and capacity to contract
Fiduciary Duties (Common Law): Legal principles governing duty of good faith, duty of care, and confidentiality obligations between business partners
Competition Law: Regulates non-compete clauses and market restrictions in business relationships
Employment Rights Act 1996: Relevant when co-owners are also employees, defining employment rights and obligations
Income Tax Act 2007: Tax legislation governing personal income tax obligations for business owners
Corporation Tax Act 2010: Legislation governing corporate tax obligations and requirements for business entities
