Public Company Limited by Shares (PLC) Registration

Overview: Public Company Limited by Shares (PLC) – is a public company with limited liability. PLC is suitable for large businesses that are planning to launch IPO (Initial Public Offering) at the stock exchange. The most specific distinction of a PLC is the minimum capital requirement which is significant and amounts to £ 50,000.

Purpose: Registration of Public Company Limited by Shares (PLC)

Main specifications:

  • a legal entity
  • liability limited to the share capital
  • minimum share capital – £ 50.000
  • capital is divided into shares
  • shares may be traded at the stock exchange

Registering authority: the UK Trade Register

Term of registration: 7-10 working days

Personal presence: Optional

Conditions for registration:

  • Shareholder – Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction
  • Director – Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction (at least 1 director must be an individual)
  • Minimum share capital – £ 50.000
  • Registered office address in the UK

Required documents:

  • Passport or European ID card (for all associated persons)
  • Proof of residential address not older than 3 months (for all associated natural persons)
  • Extract from the Trade Register not older than 3 months (for all associated legal persons)
  • Document, authorizing to use of the registered office address (Copy of the Rental Agreement, Authorization Letter from the Owner, Certificate on Property)
  • Confirmation of the fulfillment of minimum share capital requirements (deposit of £ 50.000)
  • Power of attorney (in case of remote registration)
  • Signed copy of the Memorandum and Articles of Association

995.00

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