PSC Disclosure Service - UK Beneficial Ownership Compliance

A PSC disclosure service helps UK companies identify, record and report their People with Significant Control information to Companies House. Accurate PSC disclosure is an important part of UK corporate transparency and ongoing company compliance.

For businesses with multiple shareholders, overseas owners, corporate structures or changing ownership arrangements, professional support can make PSC administration easier to manage.

What Is a PSC Disclosure Service?

A PSC disclosure service assists companies with identifying individuals or relevant legal entities that have significant control over the company and ensuring the required information is properly reported.

A person may be a PSC if they:

• Own more than 25% of the company's shares

• Control more than 25% of voting rights

• Have the right to appoint or remove a majority of directors

• Exercise significant influence or control over the company

Companies must identify their PSCs and report the required information to Companies House.

What Information Must Be Disclosed?

PSC disclosure can involve information such as:

• Full name

• Date of birth

• Nationality

• Country or part of the UK where the PSC usually lives

• Service address

• Date they became a PSC

• Nature of their control

• Applicable shareholding or voting-right category

A PSC's usual residential address is provided to Companies House but is not normally displayed on the public register.

PSC Disclosure Deadlines

Companies must provide PSC information to Companies House within the applicable statutory timeframe.

Where PSC information changes, the company generally needs to report the change within 14 days of confirming it.

Companies should therefore review their ownership and control structure whenever shares, voting rights, directors or other control arrangements change.

PSC Identity Verification

PSC disclosure now works alongside Companies House identity verification.

PSCs must verify their identity and provide their Companies House personal code. Each PSC has an applicable 14-day period for providing the verification details.

Failure to comply can result in enforcement action, financial penalties or an indication being placed against the individual's name on the public register.

PSC Disclosure for Overseas-Owned Companies

Companies owned or controlled by international entrepreneurs can have more complicated PSC structures, particularly where ownership passes through overseas companies, trusts or other legal arrangements.

A professional PSC disclosure service can help businesses organise the relevant ownership information and identify when additional corporate review is required.

Keeping PSC Information Up to Date

PSC compliance is an ongoing responsibility rather than a one-time filing.

Companies should review:

• Share ownership

• Voting rights

• Director control

• Beneficial ownership

• Nature of control

• PSC contact information

• Identity verification status

If the company's control structure changes, the PSC information should be updated accordingly.

Fraser Bond PSC Disclosure Service

Fraser Bond provides practical UK corporate administration and compliance support for companies, directors, investors, property businesses and international entrepreneurs.

Our services can include PSC disclosure support, beneficial ownership administration, director compliance, identity verification coordination, Companies House filing support, registered office services and wider company secretarial assistance.

Keep Your PSC Records Compliant

If you need help identifying, disclosing or updating PSC information, Fraser Bond can assist with the relevant UK corporate administration and compliance requirements.