Company Law Reform
ECCTA &
Corporate Transparency.
The Economic Crime and Corporate Transparency Act represents the most significant reform to UK company law in decades.
MDJ Consultants provides structured oversight to ensure your business remains compliant under the evolving 2024–2026 regulatory framework.
Key Regulatory Changes
Identity Verification
Directors and PSCs must verify identity with Companies House. Non-compliance can result in penalties or disqualification.
Registered Office Rules
PO Boxes are no longer permitted. A valid, monitored UK address must be maintained for official correspondence.
Digital Filing Requirements
Transition toward mandatory software-based submissions for accounts and company filings.
Registrar Powers
Companies House can now challenge, remove or reject inaccurate or misleading company information.
Implications
Increased scrutiny.
Higher accountability.
The reforms increase transparency and accountability across all UK companies. Directors are now directly responsible for ensuring information is accurate and verifiable.
- ✔ Greater compliance obligations
- ✔ Increased enforcement powers
- ✔ Higher director accountability
- ✔ Reduced tolerance for inaccuracies