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Beware of Mandatory Company Trading Disclosures £5000 Fine

From 1 October 2008, new rules are in place to unify and replace the various regulations setting out the trading disclosures that incorporated companies must make to show their legal identity. This is now being monitored by Trading Standards and can result in a £5000 fine for non compliance.

You must display your company name on business letters, notices, official publications, and websites. You must also display your company's registered number and the address of its registered office on your electronic and paper documents, including emails, invoices, receipts, order forms and websites. You do not have to do so on every page of your website, but must place this information so that it can be easily found and read.

Also If the name of any of a company's directors appears in a letter - other than in the text or as a signatory - you must then include the names of all directors in that letter.

To find out more about how we can help you, please contact Carvill & Johnson in Northfield, Birmingham.