The Register of Overseas Entities – what the real estate industry needs to know. | Allen & Overy LLP #Register #Overseas #Entities #real #estate #industry #Allen #Overy #LLP Welcome to Lopoid
The Economic Crime (Transparency and Enforcement) Act 2022 (the Act) requires overseas entities that own, or wish to acquire, certain real estate in the UK (a Qualifying Estate) to register with Companies House and to provide (and keep up-to-date) information about their beneficial ownership. This note focuses only on how the regime applies to overseas entities owning or acquiring real estate in England and Wales. Many overseas entities need to take action now.
Please see full Publication below for more information.