Dec 12, 2022
As of August 1, 2022, if your company holds property in the United Kingdom, you will be required to register with Companies House by January 31, 2023 as a result of The Register of Overseas Entities ("ROE") legislation.
Penalties for non-compliance include:
Fines of up to £2,500 per day Prison sentence of up to 5 years Restrictions when buying, selling, transferring, leasing or charging property or land
For more information, please click into the following message from the Tricor Group:
Tricor : Register of Overseas Entities Holding Property in the UK