The process for registering an overseas entity is as follows:
Gather information needed to register
Information on beneficial owners to be verified by UK registered agent. Verification checks for individuals should involve looking at both evidence to match their identity as well as evidence of the condition met to be a beneficial owner (or managing officer).
Agent to register and file statement
CROinfo can provide this service completing the overseas searches on beneficial owners, verifying the identification and submitting to Companies House.
What information will be shown on the public register:
Most of the information given to Companies House about overseas entities, beneficial owners and managing officers will be publicly available on the Register of Overseas Entities.
Companies House will not show:
- home addresses
- full dates of birth – only the month and year will be shown
- the agent assurance code
- the date verification checks were completed
- information about trusts, however it may be shared with HMRC
- email addresses
What happens after an overseas entity is registered:
If the application is accepted, the overseas entity and its beneficial owners and managing officers will be added to the Register of Overseas Entities. We’ll also email the notice of registration to the overseas entity. This will include the Overseas Entity ID, which must be given to the Land Registry whenever the entity buys, sells or transfers land or property in the UK.
The cost of the service will be £400 plus vat per registration which will include verification and the Companies House registration fee. If we are unable to obtain the necessary verification documentation and consequently are unable to register the ROE, there will be an administration charge of £200 plus vat. However, if subsequently we are provided with admissible verification documentation, then the £200 plus vat will be deducted from the our fees leaving a balance payable of £200 plus vat.
The timescale will vary depending on how long it takes us to obtain verification documents etc. However, once we’ve carried out the verification to our satisfaction the registration process with Companies House is currently taking around 2-3 working days.
To proceed please email firstname.lastname@example.org and we will send an application form to you.