Overseas Entity Registration

Overview

The Register of Overseas Entities came into force in the UK in 2022. Under these rules, foreign entities buying, selling, or transferring UK property/land must register with Companies House and declare their beneficial owners or managing officers.

The goal is to enhance transparency in the beneficial ownership structures of overseas entities holding UK land.

The Register of Overseas Entities strips away the anonymity previously used by organised crime networks to hide wealth in UK land. Mandating full identity disclosure for overseas owners and controllers isolates illicit actors while reinforcing the UK’s position as a transparent jurisdiction for legitimate business investment.

What An Overseas Entity Is

An overseas entity is a non-UK organisation, such as a company or partnership that has its own distinct legal personality.

Who We Are

As a regulated legal firm, we operate in strict accordance with the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (the ‘Regulations’).

As a UK-regulated agent authorised by Companies House, we possess the specialist competence and technical experience necessary to conduct verification checks under these Regulations. We have a proven track record of helping overseas entities secure and maintain their registrations since the Regulations came into force.

The Process

• We collect information about the overseas entity and its relevant documents.
• We then execute the necessary verification checks by following our procedures (which are regulated under the professional conduct code).
• Next, we carry out the registration process by submitting the details to Companies House.
• Our team will then process the Annual Renewal at Companies House, which may involve verification processes similar to the initial procedure.

A Fully Managed Service With Expert Advice

Our fee is £950.00 (varies depening on the number of beneficial owners) and £250.00 Companies House registration fee), which covers the following services:

• Expert advice to identify the beneficial owner(s)
• Expert advice on the relevant documentations required
• Verifying the information in relation to the overseas entity
• Verifying the information of the beneficial owners or managing officers
• Registering with Companies House and obtaining the Overseas Entity ID
• Liaising with Companies House to resolve any issues through to completion.