Episode 8 of the Real Estate bitesize series covers the Economic Crime (Transparency and Enforcement) Act 2022, and the upcoming deadline of 31 January 2023 to register overseas entities on the new Register of Overseas Entities at Companies House.
Sarah Faull and Gareth Wynne discuss how the Economic Crime (Transparency and Enforcement) Act 2022 will affect overseas entities who own or are looking to own qualifying real estate in the UK. Overseas entities are required to register their beneficial ownership at Companies House by or before 31 January 2023, and failure to comply can result in fines or even criminal liability.
Listen to Episode 8: Economic Crime (Transparency and Enforcement) Act 2022 on Spotify.
