What overseas entities need to do to satisfy the Economic Crime Act registration requirements?

The Economic Crime (Transparency and Enforcement) Act 2022 has set up a new Companies House register for overseas entities that own certain property registered at the Land Registry in England and Wales or the Land Registers of Scotland or Northern Ireland. The Companies House register contains information about the entity and its beneficial owners and the Act impacts on real estate transactions and their registration. There is an important deadline on 31 January 2023 for applications to Companies House to register on the new register and failure to do so may lead to criminal penalties. In this webinar we consider the impact of the new legislation on real estate transactions and their registration at the Land Registry and look at key elements of the Companies House application. We will not be considering the position for Northern Ireland.