UK Unveils Plan to Upgrade Companies House

28 February 2022

UK Unveils Plan to Upgrade Companies House

The UK government has published a White Paper setting out its plans to upgrade Companies House.

Reform of Companies House will form part of further legislation which will be introduced in the coming months via the Economic Crime Bill to clamp down on illicit finance and improve corporate transparency.

Changes include:

Identify verification for anyone who is
- setting up,
- running,
- owning, or
- controlling a company in the UK; and
Company agents from overseas will no longer be able to create companies in the UK on behalf of foreign criminals or secretive oligarchs.

Read the full publication

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