As part of our WGCD Lot 8 – Major IT & Commercial Contracts webinar series, Emily Powell and Gemma Davies discuss company law and formations, including the risks, benefits and procurement considerations when forming trading entities.
Gemma outlines the different corporate entities that can be formed, including local authority trading companies (LATC), a company limited by guarantee and a company limited by shares. Gemma covers their structure, liability limit and regulatory requirements. Emily then discusses the procurement considerations and implications relating to each corporate vehicle, in the context of the Public Contracts Regulations 2015.