Starting on November 18, 2025, it will be mandatory for all new and existing company directors, as well as people with significant control (PSCs), to verify their identity with Companies House. This regulation aims to enhance the transparency of who is establishing, managing, owning, and controlling businesses in the UK. An improved company register will aid stakeholders and bolster efforts to combat economic crime.
Significance of Identity Verification
The move to require identity verification is a crucial step toward creating a reliable business environment. Andy King, the chief executive of Companies House, highlighted that over one million individuals have successfully verified their identity since the voluntary service began in April. This milestone not only reflects early participation but also sets the stage for a more transparent process.
Verification Process Details
- Verification can typically be completed within minutes.
- Individuals who verify their identity receive a personal code.
- From November 18, 2025, this code will be essential for each company role held.
As part of the verification process, directors and PSCs will need to provide their personal code along with a verification statement. The timeline for each individual’s verification will vary, and Companies House will reach out directly to inform companies about their specific requirements.
Tracking Verification Deadlines
Following the start date, directors and PSCs will have the ability to access the Companies House register. This resource will allow them to check due dates for identity verification linked to their roles.
For those interested in further details regarding the verification process, Companies House provides comprehensive resources online. The commitment to identity verification is a pivotal aspect of ongoing reforms aimed at bolstering trust and reducing the potential for misuse of company data.
