Companies should be aware that, from 30 June 2016, there are some small changes to the fees payable to Companies House and to the information required on any statement of capital filed at Companies House.
Fees
The cost of an on-line incorporation is now slightly cheaper (£10 or £12 depending on the method used). Incorporations using hard-copy documents remain unchanged at £40. The cost of registering charges has increased, for both electronic and paper registrations, to £15 and £23 respectively. The cost of some copy documents (e.g. certificates of incorporation) has also decreased. The changes ensure Companies House fees accurately reflect its costs.
Statements of capital
The statement of capital form which a company must file whenever it makes a change to its share capital (e.g. issues new shares or reduces its capital) has been simplified. The change removes the requirement to show the amount paid up and unpaid on each share. Instead, a company now needs to show the aggregate amount (if any) unpaid on the total number of shares. This figure is easier for the company to establish and more useful for shareholders and creditors as it shows money which is still due to the company.
The Registrar of Companies (Fees) (Amendment) Regulations 2016
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