UK - Companies House reduced…

UK - Companies House reduced its fees on 1 October 2012

Published on: 03/10/2012
News

Companies House has recently reviewed its processes and services. As a result of the review, the organisation has decided to reduce some of its fees from 1 October 2012.

Companies House is a registry of corporate information. As required by European Law and HM Treasury guidance, fees of Companies House have to be linked to the forecast cost of providing each service and the way in which customers access them. Companies House must therefore operate on the basis of cost recovery. By reducing its fees, Companies House wants to ensure that fees accurately reflect their costs.

Companies House recently made efficiencies. This coupled with high volumes of customers using electronic services, cost savings are being passed on to customers in the form of reduced fees.

Among the proposed fee changes, the fees of registrar products and search products have been reduced, including:

  • Software Incorporation: The fee for software filed incorporation is being reduced from £14 to £13 for all companies and LLPs.
  • Web Incorporation: The fee for web filed incorporation is being reduced from £18 to £15 for all companies excluding LLPs.
  • View Documents - Companies House Direct (CHD), Extranet & Companies House Information Centres (CHIC): The instant image ‘View Documents’ download fee in CHD and Extranet is being reduced from £4 to £1.
  • Appointments by Company Data: The fee for director appointment screens by company via Companies House Direct (CHD), Companies House Information Centre(CHIC), Extranet and the XML Gateway Company Appointments call are to be made available free of charge for the first time from 1st October 2012.

These changes to the fees were laid before Parliament on 23 July 2012 and will affect Companies, Limited Liability Partnerships (LLPs), Overseas Companies, European Economic Interest Groupings (EEIGs), European Public Limited Liability Companies (SEs) and searchers of the public register.

About Companies House

Companies House is a registry of corporate information. Its main functions are to:

  • Incorporate and dissolve limited companies;
  • Examine and store company information delivered under the Companies Act and related legislation; and
  • Make this information available to the public.

To know more