United Kingdom Public Limited Company Package € 1599,00
Registration within 48 hours including:
Apostille legalization
Good condition for opening a business account
Company registration
Legal assistance from a lawyer
All government fees paid
Printed version of the memorandum of association
Send company certificate
Printed memorandum and regulations
Send the Certificates by first class letter
Send the Certificates by e-mail
Free expert advice
Preparations for opening a business account in an English bank
A public limited company (PLC) in the UK is a type of business structure that can sell its shares to the public on the stock market. The key characteristics of a PLC include:
1. **Limited Liability**: Shareholders are only liable for the company’s debts up to the value of their shares. Their personal assets are protected.
2. **Shares and Stock Market**: A PLC can issue shares to raise capital and can be listed on the London Stock Exchange or another market. The shares are publicly traded, meaning anyone can buy or sell them.
3. **Minimum Share Capital**: A PLC must have a minimum share capital of £50,000, with at least 25% of this paid up before it can begin operating.
4. **Governance**: The company is run by a board of directors, and it must have at least two directors. There is also a requirement for a company secretary, although this role has become less common since some 2006 legal reforms.
5. **Regulation**: PLCs are heavily regulated. They are required to publish annual financial statements, hold annual general meetings (AGMs), and comply with rules set out by bodies such as the Financial Conduct Authority (FCA) and the London Stock Exchange.
6. **Public Disclosure**: Being publicly traded, PLCs must provide transparency about their financial performance and business activities. They also have to disclose major business decisions, acquisitions, or leadership changes.
A PLC is a more formal business structure compared to private limited companies (Ltds), making it suitable for larger businesses with aspirations for growth, raising capital from a broad base of investors.
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