UPDATE - Delays on company formations

19 March 2024

The first measures under the Economic Crime and Corporate Transparency Act 2023 came into force on Monday 4 March 2024.

The measures give Companies House greater powers to tackle and remove factually inaccurate information.

Companies House has seen a significant increase in submissions since then and as a consequence of changes to their current examination policies and adapting to a new way of working, this is having an impact on time taken to examine applications.

Standard applications for new companies are currently taking approx. 2-3 working days to be processed, but Companies House have assured us that they are working to reestablish their ‘normal’ timescales as soon as they can.

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