PSC register

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PSC register

The Register of Persons with Significant Control (PSC) is a free to access public register including personal details about the individuals who own or control companies.

Who does it apply to?

Officers from UK companies and LLPs are required to identify the individuals with significant control over their companies and confirm their information, record their details on the company register, provide this information to Companies House and update any details that change. A PSC is someone that holds more than 25% of shares or voting rights in a company, has the right to appoint or remove the majority of the board of directors or otherwise exercises significant influence or control over the company.

What are the key requirements/dates/penalties?

Failing to provide information on the PSC register or providing inaccurate information is a criminal offence and could result in a fine or a prison sentence of up to two years.


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