Disclosure of beneficial ownership

View Corporate by content type:

Practice notes

Precedents

Q&As

Featured Corporate content

Brexit legislation tracker

This Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the UK’s withdrawal from the

Appointment and re-election of directors—UK listed companies—corporate governance aspects

The UK Corporate Governance Code (UKCG Code) of the Financial Reporting Council (FRC) sets out standards of good governance in relation to board

Corporate manslaughter—prosecutions tracker

This Practice Note provides a summary of key corporate manslaughter prosecutions and convictions under section 1 of the Corporate Manslaughter and

Appointment, retirement and resignation of a director

BREXIT IMPACT: The information to be given when appointing a corporate director will be affected by Brexit. For further details, see Impact of Brexit

Practice notes

Private company share buybacks—procedure where no payment out of capital under CA 2006, Pt 18, Ch 5

A limited company may buy back shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. This is known as a share...

6th Oct

In-house

Practice notes

Warranties and indemnities—share purchase

A share purchase agreement (SPA) will typically include warranties and indemnities given by the seller in favour of the buyer.Why warranties and...

26th Sep

Practice notes

Share buybacks—a quick guide

A limited company may buy back shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. This is known as a share...

5th Oct

Practice notes

Reduction of capital—a quick guide

It is a fundamental rule of English company law that a limited company having a share capital must maintain that capital. Therefore, a company must...

Produced in partnership with Christopher Field of Dechert 9th Oct

Practice notes

Allotment and issue of shares—introductory points

The allotment of shares and issue of shares is governed by statute and the applicable statutory provisions differ according to the type of company...

13th Oct

Practice notes

Different classes of share capital

This Practice Note considers the nature of shares in a company and the classes into which they can be divided. If a company has shares of different...

25th Sep

Practice notes

Class rights and variation of class rights

A company having a share capital may have separate classes of shares. As a general rule, a type of share will form a separate class from other shares...

8th Oct

In-house

Practice notes

Incorporating a company

Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...

26th Sep

Practice notes

Allotment and issue of shares—private companies with one class of shares

The allotment and issue of shares is governed by statutory rules, which differ according to the type of company which is proposing the allotment...

13th Oct

In-house

Practice notes

The nature of a limited liability partnership and its legal framework

A limited liability partnership (LLP) is not a partnership but a body corporate that is formed under the Limited Liability Partnerships Act 2000 (LLPA...

26th Sep

Practice notes

Voluntary striking off and dissolution

Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...

14th Oct

Practice notes

Calling a general meeting (including an AGM)

This Practice Note summarises the law in relation to calling a general meeting of a private company limited by shares or a public company limited by...

25th Sep

In-house

Practice notes

The nature of a general partnership and its legal framework

Sources of partnership lawThe main body of law governing a general partnership formed under English law (as opposed to a limited liability...

25th Sep

Practice notes

Common issues in an intra-group reorganisation

An intra-group reorganisation involves the transfer of group company share capital or group assets between two or more companies in the same corporate...

19th Oct

Practice notes

Scrip dividends

Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, the London Stock Exchange released a notice to give companies guidance on the...

12th Oct

In-house

Practice notes

Issue of redeemable shares

A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue...

12th Oct

Most recent Disclosure of beneficial ownership content

Practice notes

Section 793 notices—investigating interests in a public company’s shares

This Practice Note focuses on Part 22 (sections 791-828) of the Companies Act 2006 (CA 2006), which enables a company to investigate interests in its...

25th Sep

In-house

Practice notes

PSC register—training materials

BREXIT IMPACT: Several aspects of the PSC regime will be affected by Brexit, including:•the availability of the Societas Europaea (SE) in the UK. For...

25th Sep

Practice notes

The beneficial ownership register of overseas entities that own UK property

Corporate transparency is now viewed as an essential element in any strategy aimed at reducing or eliminating corruption, tax evasion, terrorist...

25th Sep

Practice notes

PSC register for LLPs—who are people with significant control?

BREXIT IMPACT: The availability of the Societas Europaea (SE) in the UK will be affected by Brexit. For further details on the impact of Brexit, see...

26th Sep

Practice notes

Company disclosures, records and registers—glossary of terms

AAnnual returnUp to and including 29 June 2016, a company (and limited liability partnership) had a duty to deliver an annual return to Companies...

26th Sep

Practice notes

PSC register—the protection regime

BREXIT IMPACT: Several aspects of the PSC regime will be affected by Brexit, including:•the availability of the Societas Europaea (SE) in the UK. For...

26th Sep

Practice notes

PSC register for companies—steps to be taken and completion of the register

Coronavirus (COVID-19) IMPACT: Certain aspects of the PSC regime are affected by temporary measures introduced to mitigate the consequences of the...

26th Sep

Practice notes

PSC register for companies—who are people with significant control?

BREXIT IMPACT: The availability of the Societas Europaea (SE) in the UK will be affected by Brexit. For further details on the impact of Brexit, see...

26th Sep

Practice notes

PSC register—registered and unregistered companies, limited liability partnerships, eligible Scottish partnerships and societas europaea

Coronavirus (COVID-19) IMPACT: Certain aspects of the PSC regime are affected by temporary measures introduced to mitigate the consequences of the...

26th Sep

Scottish Law

Practice notes

PSC register—offences for non-compliance

BREXIT IMPACT: Several aspects of the PSC regime will be affected by Brexit, including:•the availability of the Societas Europaea (SE) in the UK. For...

26th Sep

Practice notes

PSC register for LLPs—steps to be taken and completion of the register

Coronavirus (COVID-19) IMPACT: Certain aspects of the PSC regime are affected by temporary measures introduced to mitigate the consequences of the...

26th Sep

Practice notes

PSC register—practical examples

BREXIT IMPACT: The availability of the Societas Europaea (SE) in the UK will be affected by Brexit. For further details on the impact of Brexit, see...

26th Sep

Practice notes

PSC register—guidance for PSCs and RLEs

Coronavirus (COVID-19) IMPACT: Certain aspects of the PSC regime are affected by temporary measures introduced to mitigate the consequences of the...

26th Sep

Practice notes

PSC register for eligible Scottish partnerships

Coronavirus (COVID-19) IMPACT: Certain aspects of the PSC regime are affected by temporary measures introduced to mitigate the consequences of the...

26th Sep

Scottish Law

Precedents

S790D Notice—for an individual

[Insert date]Dear [insert name of addressee],Register of People with Significant Control—Notice to an individual under section 790D of the Companies...

26th Sep

Precedents

S790E Notice (LLP)—for an individual

[Insert date]Dear [insert name of addressee]Register of People with Significant Control—Notice to an individual under section 790E of the Companies...

26th Sep

Precedents

PSC Register—withdrawal of restrictions notice

[Insert date]Dear [insert name of addressee]Register of People with Significant Control—Withdrawal of Restrictions NoticeInterests in [Company]...

26th Sep

Precedents

S790D Notice—for a person with knowledge of a PSC but no interest in the company

[Insert date]Dear [insert name of addressee]Register of People with Significant Control—Notice to an individual under section 790D of the Companies...

26th Sep

Precedents

S790D Notice—for a person with knowledge of a PSC but no interest in the LLP

[Insert date]Dear [insert name of addressee]Register of People with Significant Control—Notice to an individual under section 790D of the Companies...

26th Sep

Precedents

PSC Register—restrictions notice

[Insert date]Dear [insert name of addressee]Register of People with Significant Control—Restrictions Notice Interests in [Company] [type] [shares OR...

26th Sep