The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023.
The act gives Companies House the power to play a more significant role in tackling economic crime and supporting economic growth. Over time, the measures will lead to improved transparency and more accurate and trusted information on their registers.
There’ll be new responsibilities for:
- all new and existing company directors
- people with significant control of a company (PSCs)
- anyone who files on behalf of a company
Companies House is aiming to introduce the first set of changes on 4 March 2024. Find out what’s changing for you and your company, so you can take action at the right time.
The act will lead to improved transparency and more accurate and trusted information on our registers, driving confidence in the UK economy.
- Changes at a glance
- Improving the quality of data on their registers
- Identity verification
- Changes to accounts
- Confirmation statement changes
- Changes to Companies House fees
- Protecting your information
- Register of overseas entities
February 2024