Wednesday, 23 April 2014

UK: Company filing requirements - reforms announced

The Government has published the reforms it proposes to make in respect of company filing requirements, following a consultation last year: see here (pdf). On proposal concerns the registers that private companies must currently keep. The Government is proposing to give such companies the option of not keeping any (or all) of the following registers: the register of directors; directors’ residential addresses; secretaries; members; and the proposed register of beneficial ownership. If this right is exercised, the information currently required must be kept up to date on the company's public register.

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