This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

PSC register comes into force

  • Company Law Image

06 Apr 2016

The Register of People with Significant Control Regulations 2016 and The Limited Liability Partnerships (Register of People with Significant Control) Regulations 2016 come into force today.

UK companies (except listed companies) and Limited Liability Partnerships (LLPs) will be required to keep a Person with Significant Control (PSC) register of people with significant control over the company.  A person with significant control is someone who own or controls more than 25 per cent of a company’s shares or voting rights or who otherwise exercises control over a company or its management. 

Such companies and LLPs will need to hold their own PSC register from 6 April 2016 and from 30 June 2016 they will need to give this information to Companies House when they deliver their confirmation statement (which replaces the annual return).

The PSC register will need to include details on the individuals who own or control companies including name, month and year of birth, nationality and details of their interest in the company. 

Click for:

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.