Public Limited Company Formation Service - Incorporate a new PLC
Our PLC Package is ideal for those who wish to set up a Public Limited Company.
Highlights of this package include:
- PLC (Public Limited Company) Incorporation
- Certificate of Incorporation
- Company Minutes
- Company Register
- PDF set of Memorandum & Articles of Association
- Share Certificate
Specific requirements of a public limited company:
A public limited company has specific requirements for incorporation and commencing trading - over and above those of a private company.
A minimum of two directors
Unlike a private company where only one director is required, a public limited company requires two directors.
A qualified company secretary
Due to the corporate governance requirements of a public company, a suitably qualified company secretary must be appointed on incorporation, for example a chartered secretary, chartered accountant or solicitor.
Share capital
A public limited company requires a minimum nominal share capital value of £50,000 on incorporation. At least 25% of the nominal value of allotted shares must be paid up – that being a minimum of £12,500.
A trading certificate
A trading certificate for a public company must be obtained from Companies House before a PLC can commence trading. This certificate confirms that at least a quarter of the nominal value of allotted shares have been paid up.
A public limited company has specific requirements for incorporation and commencing trading - over and above those of a private company.
A minimum of two directors
Unlike a private company where only one director is required, a public limited company requires two directors.
A qualified company secretary
Due to the corporate governance requirements of a public company, a suitably qualified company secretary must be appointed on incorporation, for example a chartered secretary, chartered accountant or solicitor.
Share capital
A public limited company requires a minimum nominal share capital value of £50,000 on incorporation. At least 25% of the nominal value of allotted shares must be paid up – that being a minimum of £12,500.
A trading certificate
A trading certificate for a public company must be obtained from Companies House before a PLC can commence trading. This certificate confirms that at least a quarter of the nominal value of allotted shares have been paid up.
Business Bank Account: You can also take advantage of our free bank referral. This is the first stage of an application to one of our bank affiliates.
Registered Office Service: It is important to note that every company needs an official address. You can use your home address for this purpose, but if you are renting your office, you may need to check with your landlord. By registering your home address as your office, you will be publicly listing it as your company’s address via the Companies House website. The security risks are obvious and many of our clients wish to safeguard their privacy. So we offer a Registered Office Service to help ensure confidentiality and discretion as an optional add-on service.