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Company Formation Process: What is a Section 243 Exemption?
The “Section 243 Exemption” is a term you will come across when appointing a limited company director via the AP01 form (online or through paper documentation). A 243 exemption means the proposed director’s residential address will not be disclosed to any credit reference agencies. This is because the individual may be at risk of violence or intimidation if their address was given away. For example, someone on witness protection may have a section 243 exemption.
To apply for a section 243 exemption you need to contact Companies House on 0303 1234 500 to request the SR04 form. A fee of £100 is applicable when filing this document.
This post was brought to you by Mathew Aitken at Companies Made Simple – The Simplest Company Formation Service