This Practice Note considers how a foreign or overseas company can establish a business presence in the UK (England and Wales). It provides an overview of the key features of the regime for foreign companies with a UK establishment as established by the Overseas Companies Regulations 2009 (SI 2009/1801), including how to register and close a UK establishment, disclosure requirements, and accounting and tax considerations. This note also covers the requirement to establish a register where overseas companies must declare the beneficial owners of property or land in the UK bought by overseas individuals or companies under the UK's Economic Crime (Transparency and Enforcement) Act 2022.