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ARTICLE · 09 FEBRUARY 2015

Changes To Trading Disclosure Requirements

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Following the Government's Red Tape Challenge, The Company, Limited Liability Partnership and Business (Names and Trading Disclosures) Regulations 2015 came into force on 31 January 2015.

United KingdomCorporate/Commercial Law
Charlotte Baker
Charlotte Baker

Following the Government's Red Tape Challenge, The Company, Limited Liability Partnership and Business (Names and Trading Disclosures) Regulations 2015 (the Regulations) came into force on 31 January 2015, revoking and replacing the current regulations relating to company and LLP names and trading disclosures.

The Regulations introduce modifications relating to names and business disclosures including: 

  • extending the list of characters that can be used in a company name -- currently businesses can only pick from the Roman alphabet and a few additional characters; 
  • changes to the rules concerning how to deal with company names which may be considered the same;
  • reducing the list of words and expressions to be ignored when considering whether names are the same; and

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