If your business falls under the Money Laundering Regulations and is supervised by HMRC, you must register before carrying on relevant activity. Trading without registration is a serious matter that can lead to significant penalties, and HMRC actively pursues unregistered businesses.
We manage HMRC MLR registration end-to-end, making sure your application is complete, accurate and approved without unnecessary back-and-forth.
Contact usOur HMRC AML registration service is primarily for estate agency businesses, letting agency businesses within scope of the regulations, and property management companies. We also support other HMRC-supervised businesses that need to register or renew.
HMRC MLR registration is more than filling in a form. HMRC assesses whether your business and its people are fit to operate in a supervised sector, and whether you have the AML arrangements the regulations require. Our service covers:
We begin with an eligibility and scope assessment, then gather the business and personnel information HMRC requires. We prepare and submit the application, deal with any follow-up questions from HMRC, and confirm your registration. Where your underlying AML framework needs work, we tell you honestly and can fix it as part of the same engagement.
Our consultants’ regulatory backgrounds mean applications are prepared to supervisory standards, not just completed.
One clear fee for the full registration process.
We have registered estate agents, letting agents and property firms across the UK, correctly, first time.
Businesses in HMRC-supervised sectors, including estate agency businesses and letting agency businesses within scope of the regulations. If you are unsure whether your activities qualify, get advice before trading, as operating unregistered is an offence.
Processing times vary, and incomplete applications take considerably longer. You should not carry on relevant activity until your registration position is in order, which is why applying early, and correctly, matters.
HMRC can impose substantial financial penalties and, in serious cases, pursue criminal prosecution. HMRC publishes details of businesses it has penalised, so the reputational cost is real too.
FCA regulation and compliance can be complex, but we will help you navigate the process, allowing you to expand your business and create new revenue streams.
Contact us to talk to our friendly team about your requirements.