ECCTA Update

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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

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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

Alexandra Ahlgren Associate

alexandra.ahlgren@laytons.com

+44 (0)20 7842 8000

Kathryn Beasley Partner

kathryn.beasley@laytons.com

+44 (0)20 7842 8000

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