The UK left the EU on 31 January 2020. There are new rules for overseas companies after Brexit. The new rules affect EEA companies with a registered UK establishment.
Under this new law, the EEA companies are required to provide additional information to Companies House within 3 months from the Brexit day.
Compulsory disclosure for overseas companies after Brexit
Your overseas company must provide the following information to Companies House:
- Information on the law under which your company is incorporated.
- Your company’s registered office address and principal place of business.
- Your company’s purpose (its ‘objects’).
- The amount of share capital issued.
- Your company’s accounting period and period of disclosure. This applies to companies that are required to disclose accounts under their parent law.
Other disclosure for the public
Your overseas company must also publish the following legal information on your company’s official stationery, websites and letterheads.
- The location of your head office.
- The legal form of your company.
- Your limited liability status.
- Notice if your company is being wound up, or subject to insolvency or any other analogous proceedings, if applicable.
- And for companies that choose to refer to their share capital on order forms etc, they must do this by reference to paid-up capital.
How to provide information to Companies House
To comply with the new rules for overseas companies after Brexit, you must provide the additional information to Companies House by sending in relevant Companies House forms.
Companies House publish updated company forms incorporating the new rules after Brexit on their website. They are available electronically on the exit day. Make sure you download the most updated forms from the Companies House website.
Take note of the Companies House discontinued forms after Brexit.