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At a Glance: Upcoming Companies House Changes

General Interest
At a Glance: Upcoming Companies House Changes
The Economic Crime and Corporate Transparency Act, price increases, and more; Companies House have announced changes you should know. Read on for the TLDR:

From March 4, 2024

Lawful Purpose Confirmation

Upon incorporation, shareholders will need to confirm they’re forming the company for a lawful purpose, as well as confirm the company’s intended future activities are lawful on the confirmation statement.

Read more about lawful confirmation here.

Email Requirements

New companies will need to provide a registered email address upon incorporation. Existing companies will need to supply this upon filing their next confirmation statement.

Read more about the email address requirements here.

Registration Address Requirement

Companies are now required to have an appropriate registration address. This means the address should be one where documents sent to the registered office can be expected to reach a person acting on behalf of the company and can be recorded by an acknowledgment of delivery.

Read more about the office registration requirement here.

Improved Register
Companies House will adopt a more rigorous approach to queries and investigations, allowing them to request more information and supporting documents both before and after publication on the register. This also means they can remove misleading or incorrect information more efficiently, and have improved ability to share information with law enforcement. This initiative aims to enhance the register's integrity.

Read more about improving the register here.

From 1 May 2024

Fee Increase

Companies House will raise its fees for company incorporation and registration services.

Learn more about the fee changes here.

This article is information only and has been prepared for general guidance on matters of interest only, and does not constitute legal, accounting, tax, investment or other professional advice or services. You should not act upon the information contained in this article without obtaining specific professional or legal advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this article, and, to the extent permitted by law, Comdal Limited, its members, employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

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