As part of the Government's attempts to improve corporate transparency to guard against economic crime, last year, the Economic Crime and Corporate Transparency Bill, which is currently being scrutinised by the House of Lords, was introduced.
This Bill will result in several reforms, some of which include reforms to Companies House, which will impact company directors and shareholders.
If you are a nursery business owner, you may be wondering what it means for you. Significantly, Companies House's eagle eye will result in more stringent rules for company directors and shareholders, including:
If you have any queries in relation to the above or require corporate and commercial legal advice relating to your nursery business and in particular your role as a director and/or shareholder, please contact Fiona Phillips on 01792 277 833 or fphillips@morganlaroche.com
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