Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
National
Rowena Mason, Pamela Duncan and Rob Davies

Thousands of offshore companies with UK property still not stating real owners

British Virgin Islands landscape
About a third of overseas entities that have signed up to the government’s register are based in the British Virgin Islands. Photograph: Sean Pavone/Alamy

Thousands of offshore companies with UK properties are still not publicly declaring their ultimate owners because they are controlled by secretive trusts, new data shows.

About 18,000 companies have so far registered with the government’s new register of overseas entities, which was brought in to improve transparency about offshore property ownership. The deadline to sign up is this Tuesday.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.