Several changes have occurred since the implementation of the 2023 Economic Crime and Corporate Transparency Act, which aims to improve transparency for UK companies.

From major reforms in identity verification to new rules for registered postal and email addresses, the scale and scope of the changes should not be underestimated.

Company secretarial tasks are often time-consuming and require careful attention. Time and budget are a top priority for businesses and optimising efficiency around company secretarial tasks whilst maintaining compliance is invaluable. Utilising a professional outsourced company secretarial service eases the pressure on businesses by handling these requirements on your behalf.

The benefits of using our company secretarial services:

• Expertise and compliance

Company secretarial tasks involve an intricate understanding of legal requirements, corporate governance, and compliance regulations. We will ensure your business remains compliant with the relevant laws and regulations, and monitor deadlines. We can prepare and file the necessary documents and provide expert advice. This avoids costly penalties and upholds a good company reputation.

• Improved efficiency and productivity

Delegating company secretarial duties frees up time for directors to focus on operating the business. Tasks such as preparing and submitting annual reports, maintaining statutory registers, managing share transactions, and ensuring proper record-keeping can be very time-consuming.

• Increased cost-effectiveness

Using outsourced company secretarial services negates the requirement to hire and train in-house secretarial staff which is costly, whilst retaining the expertise and knowledge of experienced professionals.

• Flexibility and scalability

Company secretarial services offer flexibility and scalability to cater to your business’s changing needs.

• Confidentiality and data security

Company secretarial matters often involve sensitive information that must be handled with the utmost confidentiality. We understand the importance of data privacy and maintain stringent security measures.

• Access to technology and innovation

Your business has the benefit of the advanced resources we use to streamline processes, automate routine tasks, and enhance accuracy and efficiency.

• Satisfying due diligence requirements

Your business may go through a due diligence process as part of a fund-raising, management buy-out or sale.  Maintaining accurate statutory records that can be traced back to incorporation will help smooth that process.

At Shaw Gibbs, we can provide you with a full company secretarial service to assist and advise you. With us onboard, you can be sure you’re keeping your compliance services stable through increased complexity. Find out more about our services and how we can assist you by reaching out to your regular Shaw Gibbs contact or email info@shawgibbs.com