With effect from 30 June 2016, the annual return is being replaced by the Confirmation Statement. If you’re wondering what this means in practical terms, the answer is ‘very little’. The Confirmation Statement will need to be filed annually, which will be in line with the existing date for filing the Annual Return. However, the …
From 6 April 2016, there is a legal requirement for all companies to maintain a register of People with Significant Control (PSC). A PSC is an individual who meets one or more of the following five conditions: Directly or indirectly holds more than 25% of the shares, Directly or indirectly holds more than 25% of …