International Clients
We have a wealth of experience advising clients located outside the UK.
Owning property in the UK remains an aspiration for many individuals for a multitude of reasons. However the UK Government has significantly changed the landscape for non residents owning UK property.
Ongoing interactions with different Government services will be required, each requiring their own reference numbers, compliance route and deadlines.
Professional support is highly recommended and most of our clients engage us to provide all relevant services.
The Register of Overseas Entities is the latest compliance obligation to be introduced: with a 31 January 2023 deadline for all relevant owners, a hefty £2,500 fine for failing to register and an intense identity verification process.
Furthermore property transfers in the UK can no longer be registered by a non resident entity (non natural person) without a Registration number. In practice this means most purchases and sales will not proceed until the Registration is completed so any entity contemplating a transaction before 31 January 2023 is advised to register immediately.
We are authorised agents currently taking instructions from overseas entities and beneficial owners in this challenging area.
Please click on the below enquiry form to start a conversation with us regarding registering an overseas entity.
International Client Services:
Ownership opportunities to consider -limited company, Trust, LLP, direct or joint ownership
ATED registration
Stamp Duty
Capital Gains on disposals, calculations and reporting regime
HMRC Trust Register filings
Inheritance tax mitigation
Annual ATED returns, exemptions, payments and special situations.
Annual income tax or corporation tax returns
VAT returns and book-keeping
Annual accounts
Register of overseas entities - annual filing
Option to Tax and VAT considerations (commercial property only)