For those already registered as an Overseas Entities with Companies House, this is a reminder that they will be collecting additional information from 31 July 2025 as part of the annual update statement. Companies House want to know about beneficial ownership changes during the pre-registration period. This was introduced under the Economic Crime and Corporate Transparency Act 2023.
The pre-registration period differs for every overseas entity. It’s between 28 February 2022 and either:
- the end of the transition period which is 31 January 2023 or
- the entity’s registration date if the entity was registered before the 31 January 2023
If the entity was registered as the owner of a UK property or land during their pre-registration period they will be asked to provide the following additional information, if this has not already been provided:
- registrable beneficial owners
- trusts involved in the entity
- beneficiaries of a trust involved in the entity
The information can be provided in the entity’s next update statement if this is delivered between 31 July 2025 and 31 October 2025. A paper update will need to be filed and the fee payable if £467.
The entity can choose to wait and provide the information next year if they want to file online or need more time. The fee to file the update online is currently £234.
This information will need to be verified by a UK-regulated agent before it can be filed. Branch Austin McCormick are registered as Agents and can help with the verification, contact Sarita Ghere on sg@branchaustinmccormick.com
