Changes in the UK Company Law
Manage episode 431228872 series 3589310
Beginning on March 4, 2024, Companies House will implement the first of several reforms to UK company law. The Economic Crime and Corporate Transparency Act 2023 has brought about a number of significant measures that will enhance GDP growth, combat economic crime, and promote transparency. What are the changes-
- ‘Appropriate address’ must be used as the registered office.
- The requirement to supply a working email address
- New statement of lawful purposes
- Introduction of filing annual accounts solely through software
- Options for filing small companies have changed
- Exemption from auditing
- A new mandate for identity verification
- Personal information is suppressed at Companies House
- Corporate directors’ limitations
- Revised Charges for Companies
- Amendments to limited partnerships
Prepare your business for upcoming UK Company Law changes with our expert guide.
https://smartmove2uk.com/uk-company-law-changes/
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