At Affotax, we specialise in helping you register your PSC online. A Person of Significant Control (PSC) is an individual or entity that exercises significant control over your UK company. This includes those who hold:
Maintaining an accurate PSC register is essential for regulatory compliance and building trust in your business.
The PSC register was established under the Small Business, Enterprise and Employment Act 2015 to enhance transparency in UK company ownership and combat financial crime. All UK incorporated companies and LLPs must keep this register up to date. Failing to comply can lead to hefty fines and even criminal charges.
Our PSC online register service is designed for your convenience:
If you also need to file a Confirmation Statement, we offer bundled packages that combine both services at a special rate. This means less hassle for you and streamlined compliance.
To create a complete PSC register, you’ll need to gather specific details about your PSCs:
It’s crucial to keep your PSC register updated. You must submit any changes to Companies House within 14 days. If you suspect your company has a PSC but lack complete details, you must notify the individual and give them one month to respond. Not doing so can lead to significant penalties.
Most UK companies and LLPs are required to maintain a PSC register. Some exemptions apply, particularly for companies listed on regulated markets. Understanding your specific obligations is vital to avoid compliance issues.
Managing your PSC register shouldn’t be a headache. Let Affotax simplify your PSC registration process. Contact us today to learn more about how we can assist with your online PSC register and compliance needs. We’re here to help you focus on what matters most—growing your business.
Our knowledgeable team is here to support you every step of the way.
We prioritise the security of your information, ensuring it’s protected.
Our services are tailored to meet the unique needs of your business.
Our knowledgeable team is here to support you every step of the way.
We prioritise the security of your information, ensuring it’s protected.
Our services are tailored to meet the unique needs of your business.
Have questions or need personalized support? Our team is here to help you every step of the way—don't hesitate to reach out!
Absolutely! Our service includes regular updates and amendments to ensure accurate and compliant maintenance.
Yes, if you're a UK company director or have significant control (>25% shares/voting rights), you must register as a Person with Significant Control (PSC). Exemptions apply for publicly traded companies and certain financial institutions.
Not always. A director is only registered as a PSC if they meet specific conditions:
Otherwise, directors are not automatically considered PSC.
Failure to update the PSC register can result in:
Ensure timely updates to avoid legal and reputational consequences.
Yes, a Person with Significant Control (PSC) can potentially remove a director, but only through:
PSCs hold significant influence, but removal requires formal processes.
If you have any personalised guidance or additional inquiries about our service, please don't hesitate to contact us.
07:00 - 18:00 | Monday to Friday
07:00 - 18:00 | Monday to Friday
07:00 - 18:00 | Monday to Friday