Companies House Filing Fee Increases from May 2024

From Wednesday 1^st May 2024 the revised Companies House filing fees will come into effect.

The change comes following The Economic Crime and Corporate Transparency Act 2023 which allows Companies House increased powers to ensure accuracy, verify the identity of a wide range of individuals, remove fraudulent organisations and disclose information to criminal investigation agencies. Increased fees are just one of the changes being implemented since the Act was passed in Autumn 2023.

Companies House aim to improve operations, accuracy of data, tackle economic crime and implement new technologies using the increased fees. With variances in paper and online submission fee prices they look to steer companies to digitally submit their information where possible in a bid to reduce errors, streamline operations. Additionally, Companies House will be introducing measures to protect personal information and verify identities of individuals setting up, running, owning, or controlling companies in the UK, as they look to enhance the integrity of the UK’s corporate register.

An extensive list of the new fees can be found here. However, individuals and organisations looking to set up a limited company, change their name, submit their annual confirmation statement or re-register will need to take into consideration the revised fees, prepare for the financial implications of the increased fees and adopt the new filing requirements.

It’s essential to be aware of and plan for the change so you can maintain compliance.

See our information sheet here. If you have any questions or would like further information, please do not hesitate to contact us.