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Company Law Changes – Registered Email Address

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The Economic Crime and Corporate Transparency Act recently came into force. This new legislation gives Companies House increased powers to tackle economic crime including the types of fraudulent activity that leaves unsuspecting trade creditors out of pocket.

Every company, including dormant and non-trading limited companies, must file a ‘confirmation statement’ once a year. This information consists of the company’s current registered office address, its directors, its share capital, its shareholders and its people with significant control (PSC). Even if there have been no changes during the year the company must still file to confirm that the information held on the Companies House public register is correct and up-to-date.

Under the new act, all companies will need to provide a registered email address. Companies House will use this email address to communicate with the company – it will not be available to the public.

From 2024 new companies will need to give a registered email address when they incorporate and existing companies will need to give a registered email address when they file their next ‘confirmation statement’.

It is not known whether Companies House will use the email addresses to flag up suspicious companies in some way or whether it is just to aid communication.

More information is available here: https://changestoukcompanylaw.campaign.gov.uk/confirmation-statement-changes/