ECCTA Update
The Economic Crime and Corporate Transparency Act (the “Act”) has introduced a number of reforms to Companies House in March this year.
One of the Act’s aims is to improve corporate transparency and enhance the role of Companies House. A few of the key changes are a new identity verification process, changes to company confirmation statements and an increase in Companies House fees.
Identity Verification
Confirmation Statement Changes
Companies House Fees
From 1 May 2024, Companies House fees will be increasing to fund the cost of new Companies House powers and the wider package of reforms in the Act.
A list of all changes to fees can be located on the Gov.uk site here.