First Changes to Company Law Expected for 4th of March

The first set of changes introduced by the ECCTA will include:

• Greater powers for Companies House to query information and request supporting evidence;
• The 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;
• Improving the register, using data matching to identify and remove inaccurate information; and
• Sharing data with other government departments and law enforcement agencies.

Firms should stay attuned to forthcoming changes to company law introduced as part of the ongoing implementation and enforcement of ECCTA provisions.