Companies House published a policy paper on 16 October 2024 setting out an indicative timetable for the changes at Companies House which are still to be introduced by the Economic Crime and Corporate Transparency Act.
The changes are expected to further Companies House’s objectives of ensuring that the register of companies is accurate and transparent. The timetable is not final, and the changes will be implemented in phases. Companies House has stated that around 50 statutory instruments will be needed to implement the changes. Some transitional arrangements will last until 2027.
The policy paper also confirms that the long-awaited prohibition on corporate directors will be introduced although the exact implementation date is still to be confirmed.
Read our article for more on the upcoming changes at Companies House.