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.
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.
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.
From 1 May 2024, we’re increasing fees to take new future expenditure into account, as well as making sure costs are recovered from existing expenditure.
Anyone setting up, running, owning or controlling a company in the UK will need to verify their identity.
Transitioning towards filing accounts by software only, and changes to small company accounts filing options.
Individuals will be able to apply to suppress personal information from historical documents, and apply to have personal information protected from public view because of risk of harm.
Limited partnerships will need to file their information through authorised agents, and they’ll need to file more information with Companies House.
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.