Companies Act 2006: Primary legislation governing company operations including share issuance, directors' duties, share capital requirements, registration of share transfers, and disclosure requirements
Financial Services and Markets Act 2000: Regulates financial promotions and share offerings, relevant for equity arrangements and their compliance with financial services regulations
Employment Rights Act 1996: Ensures proper classification of consultants vs employees and defines associated rights and obligations in the working relationship
Income Tax Act 2007 and Corporation Tax Act 2009: Governs tax implications of equity compensation, treatment of shares as income, and EMI (Enterprise Management Incentive) considerations
Value Added Tax Act 1994: Covers VAT implications of consulting services and the treatment of equity as consideration for services rendered
National Insurance Contributions Act 2014: Addresses National Insurance Contributions implications for equity compensation arrangements
Data Protection Act 2018 and UK GDPR: Ensures compliance with data protection requirements for personal information exchanged during the consulting relationship
Contracts (Rights of Third Parties) Act 1999: Governs how third-party rights are handled in contractual arrangements
Small Business, Enterprise and Employment Act 2015: Contains requirements for maintaining a PSC (People with Significant Control) register when shares are issued
Financial Services Act 2012: Ensures compliance with regulatory requirements for any regulated activities involved in the equity arrangement
