This month we highlight the new identity verification and filing requirements with Companies House in the UK and also two recent cases in the Courts. You can read more in our newsletter here Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
All UK companies will have to verify the identity of its directors and persons with significant control with the Companies House. Identity verification is a new legal requirement with the intention of helping to deter people intending to use companies for illegal purposes. Who will need to be verified? You’ll need to verify your identity
You can read about the new CRO Open Data Portal in our Newsletter this month Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
The CRO Open Data Portal is a platform launched by the Companies Registration Office (CRO) to provide easy access to key company data, including Company Records and Financial Statements. The portal is fully compliant with EU Open Data Regulations and offers data in bulk and via API, in open, machine-readable formats. Users can explore information
This month’s newsletter you can read about the CRO update on a target date for change to audit exemption. Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
The CRO provided an update on their activities at yesterday’s CRO Link meeting and there was some welcome news for SME companies. Audit Exemption CRO are targeting the end of May for the implementation of the change to audit exemption providing that companies that file late once in a 5-year period will not lose audit
In our March Newsletter we highlight some of the questions that directors should consider in determining whether a SAP is required. Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
When a company is carrying out a transaction involving a bank and a director, the bank may require a Summary Approval Procedure (“SAP”) to be completed. However, a SAP may not be required if the transaction does not fall under any of the criteria provided for in Section 239 of the Companies Act 2014. To
Every year we highlight Ten Co-Sec Points for 2025 which you can read about in our February Newsletter Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
At the start of each year, we highlight some Company Law and Company Secretarial Points to consider. See below some points to consider for 2025:- 1. Audit Exemption The provision allowing a micro or small company may file late once every 5 years with no loss of audit exemption has not yet been commenced. The