Define: Confirmation Statement

Confirmation Statement
Confirmation Statement
Quick Summary of Confirmation Statement

A confirmation statement is a legal document that confirms the accuracy of certain information about a company, such as its registered office address, directors, shareholders, and share capital. It is required to be filed annually with the relevant government authority, typically the Companies House in the United Kingdom. The confirmation statement serves as a declaration by the company that the information provided is up to date and accurate. Failure to file a confirmation statement may result in penalties or the company being struck off the register.

Full Definition Of Confirmation Statement

A confirmation statement, also known as an annual return, is a legal document that limited companies and LLPs (limited liability partnerships) in the UK are required to file annually with Companies House. This statement provides updated information about the company’s directors, registered office address, shareholders, and share capital.

The confirmation statement serves to confirm or update the company’s details on the public register and ensures that Companies House has accurate and current information about the company’s structure and ownership. It is different from an annual accounts filing, which reports on the financial performance of the company.

The confirmation statement must be filed at least once every 12 months, and there is an annual filing fee associated with submitting the statement. Failure to file the confirmation statement on time can result in penalties or other sanctions imposed by Companies House.

Overall, the confirmation statement is an important regulatory requirement for UK companies and LLPs to maintain transparency and compliance with company law by keeping Companies House informed about any changes to their corporate structure and governance.

Confirmation Statement FAQ'S

A confirmation statement is a document that limited companies in the UK are required to file annually with Companies House. It provides updated information about the company’s directors, shareholders, registered office address, and other key details.

You must file a confirmation statement at least once every 12 months. The due date for filing is usually one year from the date of incorporation or the date of the previous confirmation statement.

You need to include details of your company’s registered office address, directors, shareholders, and their shareholdings. Additionally, you must provide information about any changes that have occurred since the last confirmation statement.

Yes, you can make changes to your company’s information in the confirmation statement. If any changes have occurred since the last filing, you must update the relevant details in the new statement.

Failure to file a confirmation statement can result in penalties and potential legal consequences. Companies House may also assume that your company is no longer active and initiate the process of striking it off the register.

Yes, you can file a confirmation statement online through the Companies House website. This is the most convenient and preferred method of filing.

Yes, you can file a confirmation statement before the due date. It is advisable to file it as soon as possible to ensure compliance and avoid any potential penalties.

Yes, even if there have been no changes to your company’s information since the last filing, you are still required to file a confirmation statement. You can simply confirm that the information remains the same.

Yes, you can use a third-party service provider to file your company’s confirmation statement. Many companies offer professional services to assist with the filing process and ensure compliance with all legal requirements.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 27th April 2024.

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