Changes to UK company law. The Economic Crime and Corporate Transparency Act.

Changes at a glance

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

Anyone setting up, running, owning or controlling a company in the UK will need to verify their identity.

Changes to accounts

Transitioning towards filing accounts by software only, and changes to small company accounts filing options.  

Protecting your information

Individuals will be able to apply to suppress personal information from historical documents, and apply to have personal information protected from public view because of risk of harm.  

Changes to limited partnerships

Limited partnerships will need to file their information through authorised agents, 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.  

Investigation, enforcement and data sharing

More effective investigation and enforcement powers for Companies House, and new powers to share data with law enforcement agencies and other government departments.