ELI5: Explain Like I'm 5

United Kingdom company law

United Kingdom company law is a set of rules for companies in the United Kingdom. Companies must follow these rules if they want to stay in business. Companies must register with the government and tell them what the company does. Companies must also follow rules about how they store their money, how they pay their employees, and how they manage their business. Some companies might need to follow special rules if they make products or sell things. They must follow these rules to make sure that customers are safe.