Register Of Directors (Corporate) (internal use only)

Under the Economic Crime and Corporate Transparency Act 2023 (ECCTA), the requirement for companies to maintain statutory registers (other than the register of members) is abolished. This includes the register of corporate directors. The register at Companies House will become the sole, verified source of this information. The ECCTA creates stringent requirements for keeping Companies House updated on all changes. These need to be notified to Companies House within 14 days of any appointment, resignation or relevant change in a director's details occurring. 

In line with the provisions of the ECCTA, Companies House has also confirmed that corporate directors of companies will be restricted so that, although a corporate entity may be a director, that entity must have an all-natural person board. As yet no commencement date has been announced as to when this provision will be in force.

Companies may therefore completely dispense with its register of corporate directors. However, many companies may wish to continue to maintain this register for internal purposes, at least for the time being. It may be considered good housekeeping and governance for a company to maintain their own internal records of the information that they were previously required to keep. In addition, the registers may be required for due diligence purposes, such as when a company is engaging with third parties (particularly investors and entities from abroad), if it is seeking a loan or if it is the target in an acquisition. Internal registers may be required to present historic and current information to these third parties on who owned and owns, and controlled and controls the company, in a clear and orderly manner.

For companies wishing to maintain their own internal registers, this template may be used. This template has been updated to reflect that this is now purely an internal record.

This register is in fixed field format. Simply press TAB to jump from one field to the next and SHIFT + TAB to go back. Alternatively, use the mouse to click from one field to the next.

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Register Of Directors (Corporate) (internal use only) is part of Employment. Just £38.50 + VAT provides unlimited downloads from Employment for 1 year.