The yearly check.
WHAT TO REVIEW
Every registration, and whether it is current Every filing obligation, and whether it was met Every licence and permit, and its expiry Thresholds, against your current size New obligations arising from changes in the business Changes in the rules
WHAT TO CHECK ABOUT REGISTRATIONS
That the public record matches reality.
HOW
Search for your own entity, and read what it says.
WHAT COMMONLY DIFFERS
Directors who have left Addresses that changed Shareholdings after transfers
WHAT TO DO ABOUT DIFFERENCES
File the correcting documents.
WHAT TO CHECK ABOUT FILINGS
That evidence exists for each.
WHY EVIDENCE RATHER THAN MEMORY
Filings are assumed made and frequently were not.
WHAT TO CHECK ABOUT THRESHOLDS
Headcount, turnover and assets, against every relevant threshold.
WHAT TO ESTABLISH
Whether any new obligation now applies.
WHAT TO ASK YOUR ADVISER
What changed this year, and what it means for you.
WHAT TO UPDATE
The compliance calendar The document folder The expiry register
WHAT TO BUDGET
The coming year's compliance costs.
WHAT TO RECORD
The review, and any actions arising.
WHAT TO SCHEDULE
The next one.
WHY ANNUALLY
Obligations accumulate quietly, and discovery is always inconvenient.
