STARTING A LIMITED COMPANY? BE AWARE OF THESE NEW REQUIREMENTS
August 2 2016.



If you’re planning on setting up a new limited company, there’s a multitude of things that you need to consider first, such as how much tax relief you can claim on your costs, how easily you’ll be able to attract investment and whether receiving limited liability protection is worth all of the extra paperwork and legal obligations you’ll have to deal with.


But did you know that there is also some extra information that you now need to provide to Companies House when you apply to incorporate your company?

You must give details of the company’s PSCs Since 30th June; companies are now required to keep details of persons with significant control (PSCs) and make the information publicly available. A PSC is a person who has the right to exert significant influence, or control, over the business and management of a limited company.

Company directors must provide the following information when applying to incorporate the company:


For the full story at smallbusiness.co.uk CLICK HERE.