How to improve the cyber security of your business

Since the start of the coronavirus (COVID-19) pandemic, UK businesses have been adjusting to new ways of working and are more reliant on the digital world. The Centre for Economic Performance found that more than 60% of firms reported having adopted new technologies or management practices over the past 2 years. Cyber criminals continue to take advantage of these new ways of working to disrupt everyday business and steal sensitive information. It is more important than ever to understand how your business might be vulnerable to cyber crime. What is cyber security? Cyber security is a key component of business…

How user-centered design shapes our services

Do you work with overseas entities that own land or property in the UK? Are you a beneficial owner or managing officer of an overseas entity that owns land or property in the UK? Are you searching for information about overseas entities that own land or property in the UK? If so, Companies House needs your help. In March 2022, the new Economic Crime (Transparency and Enforcement) Act 2022 came into force. As of 1 August 2022, all overseas entities that own land or property in the UK must register on the new Register of Overseas Entities. What is the…

How to protect your company from fraud and scams

Setting up a company is extremely busy. There’s a lot to do – new processes, account filings, tax and much more. It’s also important to remember to keep your new company protected. Here are some measures to consider when protecting your company from fraud, scams and identity theft, and how to report them. There are 3 main ways to protect your company.   1. Register to file online Keep your authentication code safe Your authentication code is a 6-digit alphanumeric code issued by Companies House to each company. This code is used to authorise information filed online, acting as an…

Our new powers: a milestone year at Companies House

I am delighted to publish our corporate plan for 2022-23 which outlines what we aim to achieve in what will be one of the most significant years for Companies House since it was created in 1844. The world changed when Russia invaded Ukraine. At the end of February, the government introduced the Economic Crime (Transparency and Enforcement) Bill. The Bill was expedited through Parliament and as part of this legislation, we’ve developed a new Register of Overseas Entities (ROE). Implementing this new, world-leading register has been our top corporate priority for 2022-23 and we’ve worked at pace with the UK’s…

What to consider when incorporating a new business

No matter the business, no matter the sector, no matter the budget, every entrepreneur has one consideration they must address before all others: registration. Before locking in a status, it’s important to take the time to gather information, weigh-up options and take on expert advice. Enterprise Nation’s StartUp UK programme is geared towards supporting these new businesses through the provision of workshops, webinars and blog posts, many of which focus on registration. But where do you start? What options do entrepreneurs have?   The company status you choose will determine what financial records you need to keep, as well as the level…