Business Law: Legal Structures of UK Companies and Recommendations for IOM Solutions

Business law

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Businesses & organizations in the UK........................................................................................3
Legal structure of UK companies................................................................................................4
Recommendations for IOM Solutions.........................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Business law also is considered to be the commercial law that is helpful for the body
rules that is essential for the conventional, agreement or national international legislation,
governing dealing between the persons in the commercial matters. The explanation of the
sources of the law business which is essential for the transaction for the nature and management
of a company for the concept of the business liability in the negligence. The vicarious liability of
an employer that is essential for the individual employment.
MAIN BODY
Businesses & organizations in the UK
The nature of the management of the organization sole trader company called IOM
solutions revolves on the operations that are centred around the ways in which the entrepreneur
is running he organization. In the last two years the business has been able gain the growth in the
long term demand of the employees. The focus of this organization is towards the ways in which
the business has been able to decide the expansion of the number of opportunities that help in the
deciding the expansion of the business.
The legal regulations for IOM solutions has to keep under consideration are,
 Registering for the self assessment which is for making it eligible for paying tax.
 Selection of the business name is considered to be the one responsibility that affects the
overall selection of name that influences the factors that is effective towards the
contribution of the ways in which they get in trouble (O'Brien, Powers and Wesner,
2018).
 Keeping the records of the business in the sales is also considered to be the key factor
that influences the sales of the organization for dealing with the wealth for the feature of
the business.
 Employment Rights Act 1996 as per this law the business has to thing about the rights
of the employees that are mentioned in this law for the organization.