Companies: Registration

(asked on 12th November 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what his policy is on companies moving their registration overseas when they have been found in breach of export licence conditions and the Government has imposed a requirement that they return the exported goods to the UK with which they have not complied.


Answered by
Douglas Alexander Portrait
Douglas Alexander
Minister of State (Department for Business and Trade)
This question was answered on 18th November 2024

The registration of a business is generally a matter for its owners. However, if they are UK legal or natural persons active in the Maritime Anti-Piracy sector, they are still subject to UK Export Licensing legislation. The only requirement under existing UK licensing provisions is for Private Maritime Security Companies to make an application to use alternative approved storage for controlled goods. The enforcement of export licensing is a matter for His Majesty’s Revenue & Customs.

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