Support to help businesses avoid being struck off the Companies House register as they deal with the impact of the coronavirus outbreak
Businesses will be given additional support to help them meet their legal responsibilities. Companies House will temporarily pause the strike-off process to prevent companies being dissolved. This will give businesses affected by the coronavirus outbreak the time they need to update their records and help them avoid being struck off the register.
In addition, companies issued with a late filing penalty due to COVID-19 will have appeals treated sympathetically.
This support builds on measures already implemented by the Department for Business, Energy and Industrial Strategy, which give businesses the ability to apply for a three-month extension to file accounts with Companies House.
As part of the agreed measures, while companies will still have to apply for the three-month extension to be granted, those citing issues around COVID-19 will be automatically and immediately granted an extension.
The government will also introduce legislation to ensure those companies required by law to hold Annual General Meetings (AGMs) will be able to do so safely, consistent with the restrictions on movement and gatherings introduced to address the spread of coronavirus.
Companies will temporarily be extended greater flexibilities, including holding AGMs online or postponing the meetings.
Find further information on Companies House support for businesses hit by COVID-19