top of page

New Service: Register of Overseas entity owning UK Property

Updated: Aug 11, 2022

Those that are looking to buy, sell or transfer property or land in the UK via overseas entities will be directly affected by the new register of overseas entities owning UK property that came into effect yesterday, August 1st. All relevant overseas entities now must register with Companies House and disclose who their registrable beneficial owners or managing officers are.

As A.C.T. is subjected to Anti-Money laundering regulations in the UK, we will be able to register such overseas entities on behalf of clients. We will also be able to manage the upkeep as the register will need to be updated or confirmed at least once a year.

Entities will have until 31st Jan 2023 to register their beneficial owners. The new register will apply to all relevant property (Qualifying estate) bought since Jan 1999 in England and Wales (for Northern Ireland and Scotland the dates are different), including those sold on or after 28 Feb 2022.

If you would like to discuss anything further or any other issue affecting your business then please do not hesitate to contact info@act.london or your usual A.C.T. contact.

11 views

Comments


LONDON

27 Hill Street

Mayfair

London W1J 45

UK

Tel: +44 (0) 207 432 6050

Email: info@act.london

DUBLIN

Mespil House

Sussex Road

Dublin 4

Ireland

Tel: +353 (0) 1231 4639

Email: dublin@act.london

DUBAI

Level 3, Boulevard Plaza Tower 1,

Sheikh Mohamed Bin Rashid Boulevard

Downtown Dubai 

UAE

Tel: +971 (0) 4425 7368

Email: dubai@act.london

MONACO

24 Bd. Princesse Charlotte
MC 98000

Monte Carlo

Monaco

Tel: +377 9350 5256 

Email: monaco@act.london

Copyright 2016 - 2020 Website by ACT London Limited |  Privacy Statement   |  Cookies Policy |   All Rights Reserved

A.C.T. London is a private limited company registered in England and Wales under registration number 04505457 and its registered office is at Berkeley Suite, 35 Berkeley Square, Mayfair, London, W1J 5BF, United Kingdom

ICAEW_CharteredAccountants_WHT_RGB.png
bottom of page