This month we are focusing on Limited Company – Company Secretaries. This week we look at what is a PSC Register
It is a Persons of Significant Control Register
Ltd Companies and LLP’s are required to keep a register of all persons and corporate entities with significant control (previously hidden controllers or beneficiaries).
The reason for the PSC register is to aid investors with analysing company structures and also to aid law enforcement. In particular to help with money laundering investigations and also to help identify and prevent other illegal activity that may be carried out through UK business structures.
If you know of a local Limited Company we can help by reducing the burden of these very bureaucratic administrative duties with our Company Secretarial Service, do give them my details.
Disclaimer:- The information contained herein is given by way of general guidance only and no action should be taken solely on the basis of the information contained herein. The Avanti Group (UK) Ltd will be pleased to provide further guidance on the issues, and how they might affect you. No liability is accepted by the firm for any action taken without seeking appropriate professional advice
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