# Companies House and similar registers

- Link: https://fundraising.co.uk/2011/02/28/companies-house-and-similar-registers/
- Published: 2011-02-28T12:19:06+00:00
- Author: Finbar Cullen

I have just spotted this via the Global Business Register LinkedIn group. I am not
sure how important this will be, but it appeals to the anorak in me.

The European Commission recently adopted a proposal to connect business registers
within the EU. The information maintained by business registers, other than the 
minimum requirements, is not yet standardized, and this can create problems. For
example, the difference in the frequency of registers’ updates might mean that information
on the appointment of a director reaches concerned parties with delays creating 
misleading information on the company status.

Since 1992, there has been voluntary cooperation between business registers in Europe
called the European Business Register (EBR). As of 2011, the EBR’s members included
19 Member States and six other European jurisdictions – Austria, Belgium, Czech 
Republic, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia,
Lithuania, Luxembourg, Netherlands, Slovenia, Sweden, Spain, UK, Guernsey, Jersey,
the former Yugoslav Republic of Macedonia, Norway, Serbia, Ukraine.

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The fees charged by the registers also vary. The First Company Law Directive requires
the price of obtaining a copy of registered documents and data shall not exceed 
the administrative costs thereof.

The proposal does not create a central EU database.

Finbar Cullen

Research**Plus**

Interconnection of business registers – http://europa.eu/rapid/pressReleasesAction.
do?reference=MEMO/11/115&format=HTML&aged=0&language=EN&guiLanguage=en

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