PSCs

Overview of the PSC Requirements
From 6th April 2016 all companies (including LLPs) are required to take reasonable steps to identify whether there are people with significant control (PSC)...
Tue, 13 Jul, 2021 at 4:34 PM
How Do I Add a New PSC?
From April 2016, the vast majority of UK limited companies have been required to create and maintain a register of people with significant control. Commonly...
Tue, 19 Apr, 2022 at 3:37 PM
What Do I Do if a 790D Notice Has Been Issued to a PSC/RLE?
Your PSC, RLE or individual has been issued a notice under 790D of the companies Act? Begin recording a new PSC/RLE. How do I record a PSC? How do I ...
Thu, 8 Oct, 2020 at 3:53 PM
Does the PSC Legislation Apply to My Company?
A PSC register will be required by: Private companies limited by shares Private companies limited by guarantee Most public limited companies Limite...
Thu, 8 Oct, 2020 at 3:53 PM
How Do I Add a General Statement?
1. Go to the PSCs tab and select 'Add general statement.' 2. Choose which of the 2 statements applies and the date it applies from. Then cl...
Tue, 13 Jul, 2021 at 4:37 PM
How Do I Change/Remove a General Statement?
Having made a General Statement it is sometimes necessary to change or remove it. 1. Click on the PSCs tab. You will see the existing General Statement, c...
Fri, 17 Sep, 2021 at 12:25 PM
How to Complete the PSC Register if You Own 100% of the Shares?
If you own 100% of the shares in a company personally (and not on behalf of anyone else) it is quite simple to complete the PSC requirements. 1. Go to the...
Tue, 13 Jul, 2021 at 4:39 PM
How to Complete the PSC Register If 2 People Own 50% of the Shares Each
If 2 people own 50% of the shares in a company in their personal capacity (and not on behalf of anyone else) it is quite simple to complete the PSC requirem...
Tue, 13 Jul, 2021 at 4:47 PM
What Are the Control Conditions for PSC?
When addressing the PSC requirements, a company is looking to see if there’s anyone who meets one or more of the following conditions: They hold more tha...
Thu, 8 Oct, 2020 at 4:00 PM
How Do I Access the PSC Register?
Whenever you add or change either one of the General Statements or the details of a PSC, Inform Direct will automatically update the PSC Register. 1. To a...
Tue, 13 Jul, 2021 at 4:48 PM