RCI Scotland Registration Service

Elemental delivers a fully managed service for those looking to make an entry in the Register of Persons Holding a Controlled Interest in Land (RCI) in Scotland. We can help the relevant person to identify any associates and make the filing with Registers of Scotland.

Identification and Registration

To register on the RCI, a Recorded Person needs to understand if it is eligible and identify their Associates. Elemental can help clients to understand if they fall in scope and provide expert advice to on who needs to appear on the Register. Elemental is a leading provider of compliance services such as the Register of Overseas Entities and the number 1 UK Regulated Agent.

How Our RCI Service Works

1

Information Provision

Complete our online or MS Word RCI form.

 

2

Expert Help

The rules can be complex. Elemental will assist you with any help to ensure the details are complete and accurate including identifying the Associates.

 

3

Registration

We will submit the details to Registers of Scotland and handle any objections until completion.

 

4

Updates

You are required to keep the register up to date, our team will be on hand for any amends.

Elemental Delivers

We offer a comprehensive RCI service.

Security

All your records securely stored using market leading software.

https://ec2-35-179-86-93.eu-west-2.compute.amazonaws.com/wp-content/uploads/2022/07/Protection-of-information.png

Expert Help

Our team of experts will manage the process for you.

https://ec2-35-179-86-93.eu-west-2.compute.amazonaws.com/wp-content/uploads/2022/06/Telephone.jpg

Clear Fees

Our clear fee structure means no hidden costs.

https://ec2-35-179-86-93.eu-west-2.compute.amazonaws.com/wp-content/uploads/2022/08/British-Pound-Traced-1.png

Peace of Mind

Elemental is the #1 UK regulated agent and experts in applying ownership rules for trusts and overseas entities.

https://ec2-35-179-86-93.eu-west-2.compute.amazonaws.com/wp-content/uploads/2022/06/el-quality-icon-300x300-1.png

Award Winning Service

Elemental has been named CGI Service Provider of the Year 2021 and 2022.

https://ec2-35-179-86-93.eu-west-2.compute.amazonaws.com/wp-content/uploads/2022/09/Group-6.svg

How Else Can We Help?


Service Address

Easy access from anywhere in the world with our digital mailroom


Protection of Information

In certain circumstances, you can restrict disclosure of your personal information that appears on the RCI Register.

 

Explore More

Read our Guide to Navigating the RCI

https://ec2-35-179-86-93.eu-west-2.compute.amazonaws.com/wp-content/uploads/2022/01/maad.png

Our Fees Explained

A fully managed service with expert advice

£1000

 

(Existing Register of Overseas Entities Clients: £750)

What's Included

Our fixed fee includes:

  • Client onboarding
  • Confirmation of the Recorded Person and one piece of land
  • Expert advice to identify and register up to two Associates
  • Registering with Registers of Scotland
  • Providing post-submission Associate notifications
  • Liaising with Registers of Scotland to resolve any issues through to completion.

For large groups and bespoke pricing, please contact us.

Optional extras
Service Address for up to two individuals £180 per year
Registering additional Associates (per entity/individual) £100 each
Registering additional land titles £75 per title
Associate pre-submission notice (Section 10(5) notice) £100 each

 

Notes and assumptions

For our fees, we assume:

  • All information provided is true, complete and not misleading;
  • As set out in the legislation and the guidance relating to the RCI, it is the responsibility of the Recorded Person to provide all information required to Elemental to complete the relevant information.

Professional help, for professional advisors

Elemental specialises in supporting professional advisors and intermediaries who are unable to carry out the client work themselves.

As a regulated firm, with considerable experience assisting entities with their existing reporting obligations in the UK such as the Register of Persons Holding a Controlled Interest in Land (RCI), Elemental is able to offer the RCI service at scale directly with clients through referral or in conjunction with their professional advisors.

– Corporate and Real Estates Legal teams
– Accounting Firms
– Property Development Companies
– Corporate Services Providers and Trust Providers
– Family Offices
– Investment Funds

Frequently Asked Questions

Who needs to register?

The RCI regime applies to owners of land and tenants of registrable leases (i.e., leases of over 20 years); this is, the ‘recorded person’.

Where a person became the owner or tenant of land before 1 April 2022 and an association with an Associate was formed before 1 April 2022, then as of 1 April 2022, the recorded person has an obligation to notify the Keeper of the association.

Associates are responsible for responding to requests for information, notify the RP of changes, and notify the RP of the fact that they are an Associate, where they have not already been notified of this. For further information, read our guide to the RCI Scotland.

Can you help identify the Associates?

The rules around “Associates” can be complex as there are different tests that need to be applied that include not just ownership but also significant influence. Elemental has considerable experience in applying similar tests for the Persons of Significant Control regime and also the Register of Overseas Entities. Our service includes advice to help clients to identify their Associates to ensure the information filed is accurate.

What are the update requirements?

Information on the RCI register will need to be kept up to date. If there are changes to the controlled interests in land that have been previously registered, it is generally advisable to update the entry as soon as possible to ensure accuracy and transparency. The update will be made on an ongoing basis, depending on the circumstances surrounding the owners or tenants and their respective Associates.

The duty to provide an update in case circumstances changes is applicable to the recorded person and the Associate. Not complying with this obligation could be an offence. The specific time frame can vary depending on the nature of the change and the requirements set by the Registers of Scotland. Elemental can advise clients based on their specific circumstances.
The Keeper will have the power to amend the RCI in case of inaccuracies, and questions about the accuracy of information in the Register can be referred to the Lands Tribunal.

Is your service available to new and existing clients?

Yes, we offer our RCI Scotland registration service to new and existing clients. As a specialist corporate service provider with established processes for carrying similar checks and registrations we can offer clients a fully managed service at rates that are usually much more competitive than law firms and other professional advisors. For our existing Register of Overseas entities clients we also offer a discount for RCI Scotland registrations.

Do you help law firms and other advisors?

Yes we do and we are happy to work with advisors or directly with the end-client, ensuring the relevant stakeholders are kept informed.

Wherever you are, we can help

We work with over 1,600 clients from over 100 countries, here in the UK.
https://ec2-35-179-86-93.eu-west-2.compute.amazonaws.com/wp-content/uploads/2020/12/World-Map-1.png

 

Speak to an expert

Get in touch and we would be happy to share our experiences of helping law firms and their clients with the RCI Scotland.

Meet Tobias

A dual-qualified company secretary and solicitor, he initially trained at Linklaters and later worked for Macfarlanes. Tobias works directly with a number of energy clients on company secretarial, corporate governance and corporate law. He holds a Masters in Banking & Finance Law from Queen Mary University of London and is a fellow of the Chartered Governance Institute.

Meet Nick

Nick Lindsay is Founder and Director of Elemental and heads up the Governance and Corporate Services teams. He is an experienced corporate lawyer and qualified Chartered Company Secretary. Prior to starting Elemental, Nick trained at Olswang in London (now part of CMS). He has also worked in-house at the BBC Worldwide Visa Europe.

Request a RCI Services proposal

Get in touch with us today for a RCI Scotland proposal

    Get Started Find out how we can help

    We’re here to keep things simple

    If you would like to find out more about our services and how we can help support your business, please get in touch.

    +44 (0)203 286 6229