Monday 17 August 2009

UK: the Overseas Companies Regulations 2009

The Overseas Companies Regulations 2009 have been republished today by OPSI: see here (html) and here (pdf). An explanatory memorandum is available here but no explanation for the republishing is provided (the presence of typographical errors in the original is a possible reason). The purpose of the Regulations is explained in the explanatory memorandum as follows:

Every company incorporated in a country outside the United Kingdom (an overseas company) that operates its business in the United Kingdom through at least one establishment (that is to say either a branch or a place of business that is not a branch) and is not a UK-incorporated subsidiary company, must register its particulars with the Registrar of Companies. The Overseas Companies Regulations 2009, made under the Companies Act 2006 (“the 2006 Act”), set out the UK company law filing requirements for this type of company, which come into effect on 1 October 2009".

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