Forming a Public limited company (plc)
A Public Limited Company (PLC) is a company with limited liability whose shares may be listed on a stock exchange and offered for sale to the public. This is the only type of company that can raise capital or money by selling shares to the public. Listing on a stock exchange is not mandatory and a public limited company can remain privately owned. All public limited company names must end with “plc” or “public limited company”.
Businesses seeking a larger profile or looking to establish a prestigious brand or access significant public capital may find incorporating a public limited company a perfect solution.
Where are public limited companies listed?
Public limited companies are usually traded on either the London Stock Exchange or the Alternative Investment Market (AIM).
What are the basic requirements to register and operate a public limited company?
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A public limited company requires a minimum of two directors
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It must appoint a qualified company secretary (this person must have the necessary knowledge and ability)
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A PLC must have a minimum issued share capital of £50,000, with at least 25% (£12,500) being paid in full
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A PLC must obtain a trading certificate from
Companies House
confirming that it has the minimum allotted share capital before conducting business (or exercising borrowing powers).
We do not currently offer registration of a public limited company. Looking to
register a company
? Check out our
company formation packages
.
