Important changes to Companies House fees you should be aware of

Companies House has announced that it will increase fees from the 1^st of May 2024. The new costs affect incorporation, a change of name, re-registration of a company, confirmation statements, and other services. Our latest article outlines the changes to Companies House fees you should know.

Why are Companies House increasing their fees?

Companies House review their fees annually to ensure they’re set at the right level as they are determined on a cost recovery basis. This means the fees must cover the cost of their services, and they do not profit from the fees charged.

A spokesperson for Companies House said: “We’re amending our fees to bring them in line with the costs of providing our services but also to recover the costs of our new powers being introduced through the Economic Crime and Corporate Transparency Act.

“This will enable the cost of investigative and enforcement activities that promote the integrity of the register, maintain a healthy business environment and combat economic crime, to be met through fees.”

The Economic Crime and Corporate Transparency Act allows Companies House to play a more significant role in supporting economic growth and tackling crime. The act’s introduction is to provide more accurate and trusted information on the Companies House registers and improve transparency.

As a result of the new act, there will be new responsibilities for:

• All new and existing company directors
• People with significant control of a company (PSCs)
• Anyone who files on behalf of a company

Please visit the government’s website to find out what’s changing as part of the Economic Crime and Corporate Transparency Act.

What fees are increasing?

Companies House are increasing the following fees from the 1^st of May 2024. These are also available to view on the government’s website.

Company incorporation and registration fees

Transaction	Channel	New fee
Incorporation	Digital	£50
Incorporation (same day)	Software	£78
Incorporation	Software	£50
Incorporation	Paper	£71
Registration under s1040 (Part 33 Chapter 1) CA06	Paper	£71
Re-registration of a company under Part 7 CA06	Paper	£71
Re-registration of a company under section 651 CA06	Paper	£71
Re-registration of a company under section 665 CA06	Paper	£71
Confirmation statement	Digital	£34
Confirmation statement	Software	£34
Confirmation statement	Paper	£62
Change of name	Paper	£30
Change of name (same day)	Digital	£83
Change of name	Digital	£20
Registration of a charge	Paper	£24
Registration of a charge	Digital	£15
Voluntary strike off	Paper	£44
Voluntary strike off	Digital	£33
Reduction of share capital of a company under s644CA06 (same day)	Digital (upload service)	£136
Reduction of share capital of a company under s644CA06	Paper	£33
Reduction of share capital of a company under s644CA06	Digital (upload service)	£33
Reduction of share capital of a company under s649CA06 (same day)	Digital (upload service)	£136
Reduction of share capital of a company under s649CA06	Digital (upload service)	£33
Reduction of share capital of a company under s649CA06	Paper	£33
Administrative restoration	Paper	£468
Application to make an address unavailable for public inspection	Paper	£30

 

Limited Liability Partnerships

Transaction	Channel	New fee
Registration of LLP (same day)	Digital	£78
Registration of LLP	Digital	£50
Registration of LLP	Paper	£71
LLP confirmation statement	Paper	£62
LLP confirmation statement	Digital	£34
LLP change of name	Paper	£30
LLP change of name (same day)	Digital	£83
LLP change of name	Digital	£20
Registration of a charge by an LLP	Paper	£24
Registration of a charge by an LLP	Digital	£15
LLP voluntary strike-off	Paper	£44
LLP voluntary strike-off	Digital	£33
Administrative restoration of an LLP	Paper	£468
Application to make an address unavailable for public inspection	Paper	£30

 

Overseas Companies

Transaction	Channel	New fee
Registration of a UK establishment of an overseas company	Paper	£71
Change of corporate name or alternative name of an overseas company	Paper	£30
Registration of annual accounts	Paper	£62

 

Limited Partnerships

Transaction	Channel	New fee
Registration of a limited partnership	Paper	£71
“Annual fee” for Scottish limited partnership (registration of all relevant documents delivered during a relevant period payable on the registration of a confirmation statement)	Paper	£62
“Annual fee” for Scottish limited partnership	Digital (upload service)	£62

 

Scottish Qualifying Partnerships

Transaction	Channel	New fee
Registration of Scottish qualifying partnership	Paper	£71
“Annual fee” (registration of all relevant documents delivered during a relevant period payable on the registration of a confirmation statement)	Paper	£62
“Annual fee”	Digital (upload service)	£62

 

UK Economic Interest Groupings and UK Societas

Transaction	Channel	New fee
Registration of an EEIG establishment	Paper	£71
Registration of change of name of a UKEIG	Paper	£30
Registration of a charge of a UKEIG	Paper	£24
Registration of public company by conversion of a UK Societas	Paper	£71

 

Overseas Entities

All filings for the Register of Overseas Entities must be filed digitally. The only exception is those with protected status or a pending protection application. This group will need to pay a separate paper fee.

Transaction	Channel	New fee
Registration of an overseas entity	Digital	£234
Update fee	Digital	£234
Application for removal	Digital	£706

 

Please get in touch with your Account Manager for more information

If you are a Churchill Knight & Associates Ltd client and would like more information about the upcoming changes to Companies House fees, please get in touch with your Account Manager.

If you are not a client of Churchill Knight and are interested in discovering more about our limited company accountancy service or our umbrella service, please call our Sales Consultants on 01707 871622. We look forward to speaking with you!