Removing an Overseas Entity – A Complete Guide
The Register of Overseas Entities (ROE) plays a pivotal role in the government’s efforts to increase transparency in the ownership of Overseas Entities that own UK land or property. It mandates that Overseas Entities possessing UK property or land disclose...
Register of Overseas Entities: Non-Compliance & Penalties
Non-compliance with the Register of Overseas Entities (ROE) could lead to property transaction limitations, criminal prosecution, and civil financial penalties. The Act outlines penalties, post-warning registrations' impact, and avenues for appeals, underscoring the significance of adhering to ROE regulations.
A Complete Guide on Incorporating a new Company in UK
Incorporating a UK company involves selecting a suitable structure, navigating legal procedures, and enjoying benefits like tax advantages and limited liability. While this comprehensive guide outlines the process, seeking professional advice ensures compliance with legal requirements for a successful company...
File an Overseas Entity Update Statement
Overseas entities owning UK property must file annual update statements by August 2023, facing criminal offense charges and potential penalties for non-compliance, with consequences including invalidation of IDs and public record notation. The Companies House emphasizes accurate and timely submission...
Sole Director & Use of Model Articles – Hashmi v Lorimer-Wing
This article highlights issues in Model Articles for sole directors in private limited companies, emphasising the importance of a quorum of at least two directors for decision-making, and suggests solutions like appointing another director or amending Articles of Association to...
