Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many companies registered in England and Wales have declared a legal entity registered abroad as a person with significant control.
In limited cases, a foreign company can be a Relevant Legal Entity (RLE) and can be legitimately recorded as a UK company's Person with Significant Control (PSC).
We identified 24,450 unique, non-dissolved companies on the England and Wales register that have at least one active RLE registered to an overseas country or territory as a PSC.