In the interest of global financial transparency, the UK government introduced the PSC Register<\/strong>. For an Arab founder, this is arguably the most critical “anti-money laundering” (AML) requirement. You must identify and report anyone who has significant power or control over your UK Limited Company<\/strong>. In 2026, transparency is the foundation for maintaining Wise<\/strong>, Stripe<\/strong>, and Payoneer<\/strong> accounts without disruptions.<\/p>\n In this guide from Eteform.com<\/strong>, we explain how to identify a PSC and fulfill your legal duties.<\/p>\n A person is usually a PSC if they meet one or more of these 5 conditions:<\/p>\n The rules around PSC are much stricter than other filings:<\/p>\n To prevent fraud and money laundering, some PSC information is visible to the public:<\/p>\n If you have partners or investors, calculate their total voting power. Eteform<\/strong> helps you with this analysis during Share Transfers<\/a>.<\/p>\n You must formally “ask” the person to confirm their details before adding them to the register. This protects the company from reporting errors.<\/p>\n We submit the PSC notification (Forms PSC01, PSC02, etc.) to Companies House on your behalf to ensure 100% compliance.<\/p>\n A: Yes. If a company owns another company, it is called a “Relevant Legal Entity” (RLE), and it must be reported in the same way.<\/p>\n Q: What if no one owns more than 25%?<\/strong><\/p>\n A: You must state on the public register that “The company has no reportable PSC.”<\/p>\n Q: Does this affect my privacy?<\/strong><\/p>\n A: While your name is public, your Home Address<\/strong> remains hidden as long as you use Eteform’s Service Address<\/strong>.<\/p>\n<\/div>\n A transparent PSC register is a sign of a legitimate, global business. By complying with these rules, you open doors to the best international banking and payment systems. <\/p>\n Need to update your company’s PSC information?<\/strong> Let Eteform Handle Your PSC Filings<\/a> correctly.<\/p>\nWho is a “Person with Significant Control” (PSC)?<\/h2>\n
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Strict Deadlines for PSC Updates<\/h2>\n
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What Information is Public?<\/h2>\n
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How to Manage Your PSC Status (How-To)<\/h2>\n
Step 1: Identify Potential PSCs<\/h3>\n
Step 2: Send Notice<\/h3>\n
Step 3: Digital Filing<\/h3>\n
Table: Penalties for Non-Compliance in 2026<\/h2>\n
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\n \nViolation<\/th>\n Consequence<\/th>\n<\/tr>\n<\/thead>\n \n Failure to identify PSC<\/td>\n Criminal offense for Directors (Fines or Prison)<\/td>\n<\/tr>\n \n Missing PSC Filings<\/td>\n Company strike-off \/ Bank account closure<\/td>\n<\/tr>\n \n Providing False Info<\/td>\n Immediate legal action by HMRC\/Companies House<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Frequently Asked Questions (FAQ)<\/h2>\n
Conclusion: Transparency Leads to Trust<\/h2>\n