Guidance Note – Election to Keep Statutory Registers at Companies House
From 30th June 2016, private companies have the option to stop maintaining in part their own set of company books and instead elect to keep their statutory registers at Companies House.
The relevant registers include the:• register of members;
• register of directors;
• register of directors’ residential addresses;
• register of secretaries (if applicable); and
• register of people with significant control (PSCs).
This guidance note provides a broad overview of the key points of the regime introduced by section 94 & Schedule 5 of the Small Business, Enterprise & Employment Act 2015 to amend the relevant sections of the Companies Act 2006. The guidance note addresses how the voluntary regime works for each relevant register and the potential advantages and disadvantages for companies to weigh up in considering the pros and cons of adopting the regime.
Further information can be found on Companies House website.
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