First changes to UK company law expected on 4 March
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What will change
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The first set of changes introduced by the Economic Crime and Corporate Transparency Act includes:
# greater powers to query information and request supporting evidence
# stronger checks on company names
# new rules for registered office addresses
# a requirement for all companies to supply a registered email address
# a requirement for all companies to confirm they’re forming the company for a lawful purpose when they incorporate, and to confirm its intended future activities will be lawful on their confirmation statement
# the ability to annotate the register when information appears confusing or misleading
# taking steps to clean up the register, using data matching to identify and remove inaccurate information
# sharing data with other government departments and law enforcement agencies
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Info and Image courtesy – GOV.UK
