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Changes in the UK Company Law
Manage episode 431228872 series 3589310
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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/
Stay compliant and competitive in today’s evolving regulatory landscape and if you want assistance to start a business in the UK as a foreign national; We Are Just A Call Away!
Contact us at +91 98191 27002 or email us at info@smartmove2uk.com
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