The Economic Crime and Corporate Transparency Act will introduce a number of changes over the next few years. This page summarises everything you need to know about the new measures.
Improving the quality of data on our registers
From 4 March 2024, greater powers for Companies House to query information, stronger checks on company names, new rules for registered office addresses, and new lawful purpose statements.
Confirmation statement changes
From 4 March 2024, new requirements to provide a registered email address and to confirm that the intended future activities of the company will be lawful.
Changes to Companies House fees
From 1 May 2024, increased fees to take new future expenditure into account, as well as making sure costs are recovered from existing expenditure.
Identity verification
From spring 2025, phased introduction of identity verification – anyone setting up, running, owning or controlling a company in the UK will need to verify their identity.
Protecting your information
From spring/summer 2025, individuals can apply to suppress personal information from historical documents.
Changes to limited partnerships
From spring 2026, limited partnerships will need to file their information through Authorised Corporate Service Providers, and they’ll need to file more information with Companies House.
Improving transparency of company ownership
New requirements to provide additional shareholder information, and restrictions on the use of corporate directors.
Changes to accounts
Transitioning towards filing accounts by software only, and changes to small company accounts filing options.
Investigation, enforcement and data sharing
From 4 March 2024, more effective investigation and enforcement powers for Companies House, and new powers to share data with law enforcement agencies and other government departments.