Removal from register of overseas entities
Removal From The Register Of Overseas Entities – a job that needs to be done
Has your overseas entity sold its property or land in the UK, England and Wales, Scotland, Wales or Northern Ireland?
If so, you should apply for its removal from the Register.
We can do this for you if you or your conveyancer is unsure of the process.
Give us a call on +442074992605 or drop us an email notary@notarypublicinlondon.com or complete the contact form opposite and we will get back to you with the help you need.
Why should you remove your entity from the Register of Overseas Entities ?
Simple – it eliminates the necessity for compliance!
For example, annual reporting and potential penalties governed by the law of maintaining a registered legal entity on the Register.
If you don’t remove your entity, Companies House may punish you.
For example for not following the annual updating requirements.
Authorities may deem some of these failings a criminal offence. So you should act today to get your entity removed.
Companies House provides guidance on the removal process here.
Our Overseas Entity De-Registration Service
We take care of every step to ensure we correctly remove your company from the register.
Here’s what we do:
- Verify information. We check that all your company’s details on the register are up-to-date and accurate as of the application date. (This is a Companies House requirement).
- Handle the paperwork. We manage all the necessary documents and submissions, saving you from the hassle and complexity.
- Conduct checks.
- We perform all required checks with UK Land Registries.
- Ensuring that the new owner of the property has registered themselves as the Registered Proprietor. (Removing your entity from the Land Registry).
- Make sure there are no issues that could lead to rejecting your application. (Each Companies House fee of £400 is non-refundable).
How Much does it cost?
- £600 plus VAT if there are no changes to update prior to removal application.
- £800 plus VAT if there are changes to update prior to removal application.
- Companies House fee is £706 (non-refundable).
This applies for entities that own up to 3 properties. If your entity owns more than 3 properties, please let us know and we will provide you with a specific quote.
