Overseas Entity Registration

Overseas companies owning UK property had until the February 2023, to declare their beneficial owners and register these with Companies House.

Overseas companies which failed to meet this deadline will face severe restrictions on their ability to sell the property and risk financial penalties or prosecution.

We urge you to contact us if you are yet to register.

We are an approved UK Companies House Regulated Agent with an assurance code for registering overseas entities. We handle verification checks and complete your Overseas Entity Registration.

Authorised Agent to complete your Overseas Entity application with Companies House

We require from you copies of the following documents :

• The Register of Directors and the Register of Shareholders
• The incorporation documents including the Memorandum & Articles of Association
• We may require a recent Incumbency Certificate drafted by the Registered Agent – disclosing the Directors and Shareholders

These company documents can be emailed directly from your Registered Agent, alternatively with your permission we can contact your Registered Agent to obtain the required documents.

Verification must be completed on the basis of the documents and information from an independent source.

We will require a copy of the Passport and Proof of Address of the Directors and the principal Shareholders.

Once we have received, checked and verified the above company documents and due diligence, confirmation of verification is submitted to Companies House and your overseas entity will be added to the Register of Overseas Entities.

Registration Timescale

Once we have received the required documents and carried out the verification checks the registration process with Companies House takes approximately 7 to 10 business days.

UK Regulated Agent

We are an appointed Companies House UK Regulated Agent and are supervised under the Money Laundering and Transfer of Funds Regulations 2017.

Overseas Entity ID – UK Land Registry

Once the overseas company has been registered, an overseas entity ID will be issued by Companies House.

When you buy, sell, transfer, lease or charge property or land in the UK, you’ll need to provide this ID to HM Land Registry.

Trusts & Trustees

If any trustees of a trust are registrable beneficial owners, you’ll also need to give information about that trust.

This includes details about the beneficiaries, settlors, grantors, and interested persons. It also includes each person who has ever been a beneficial owner in relation to the overseas entity, by being a trustee of the trust.

Non-Compliance

Where an overseas entity has failed to register, the relevant entity will incur:

• Restrictions on buying, selling, transferring & leasing land
• Restrictions on creating a charge against land or property in the UK
• Criminal sanctions
• Fines of up to £2,500 per day

These limitations on the ability of an overseas entity to deal with its property are achieved by the HM Land Registry applying a restriction on the title of each registered freehold or leasehold property.