Register of Overseas Entities
Overseas entities who want to buy, sell or transfer property or land in the UK, must register with Companies House and tell them who their registrable beneficial owners or managing officers are.
What is the Register of Overseas Entities?
What is an Overseas Entity?
Who can register Overseas Entity?
The Register of Overseas Entities came into force in the UK on 1 August 2022 through the new Economic Crime (Transparency and Enforcement) Act 2022.
What is the Register of Overseas Entities?
The Register of Overseas Entities came into force in the UK on 1 August 2022 through the new Economic Crime (Transparency and Enforcement) Act 2022.
Overseas entities who want to buy, sell or transfer property or land in the UK, must register with Companies House and tell them who their registrable beneficial owners or managing officers are.
This will also apply retrospectively to overseas entities who bought property or land on or after:
1 January 1999 in England and Wales
8 December 2014 in Scotland
These overseas entities will need to register with Companies House and tell them who their registrable beneficial owners or managing officers are by 31 January 2023.
Entities that disposed of property or land after 28 February 2022 will also need to register and give details of that disposal.
After registering, the overseas entity will get a unique Overseas Entity ID to give to the land registry when it buys, sells, transfers, leases or charges UK property or land.
Overseas Entity
What is an Overseas Entity?
This is a legal entity, such as a company or other organisation, that has legal personality and is governed by the law of a country or territory outside the UK. The Republic of Ireland is an overseas jurisdiction for the Register of Overseas Entities.
Who can register?
A UK-regulated agent must complete verification checks on all beneficial owners and managing officers of an overseas entity before it can be registered. It will need to provide an agent assurance code and an overseas entity verification checks statement to confirm that it has done this.
Additionally, they must be based in the UK and supervised under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. They can be an individual or a corporate entity, such as a financial institution or legal professional.
Who can register?
We Can Help
First Corporate Law Services (FCLS Group Limited) is a UK-registered agent and can provide the registration service.
As a UK-registered agent, we can provide the registration service and perform the required annual renewal.
AML Check &
Registration
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Full AML Checks
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Companies House Registration Of Overseas Entity
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Companies House Registration Of Beneficial Owner(s)
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Add On's
- Optional correspondence address – £100.00 plus VAT per annum, per person
- Renewal: £195.00 plus VAT
