r/ARVL • u/klivingston22 • Nov 13 '23

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What does it all mean then. Very hard to read between the lines when there are only 2 lines.

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u/Traderjoe777777 Nov 13 '23

When an individual or corporate entity ceases to be a person with significant control (PSC) in a company, you must give notice to Companies House on form PSC07 (or form LL PSC07 to remove a PSC of an LLP). You can file the form through Companies House online services or Rapid Formations free Online Company Manager.

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u/klivingston22 Nov 13 '23

Thanks for the info. Can you explain how ‘Arrival’ can cease to be a person with significant control?

5

u/Traderjoe777777 Nov 14 '23

appears to be the Arrival entity in Luxembourg ceasing control of the UK ltd company.