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plc formation

Public limited company (Plc) formations

Public limited company (Plc) formations can be arranged as well as the other limited company formations we undertake.

A public limited company (plc) must have a share capital of at least £50,000 and will require a trading certificate in order to commence trading.

The shareholders of a public limited company (plc) are liable for any outstanding balance on shares that is unpaid if it goes into liquidation.

A public limited company (plc) requires a professionally qualified company secretary and its accounts will require a statutory audit.

The overwhelming majority of people who set up a limited company arrange for the formation of a private limited company as this is more suitable for their circumstances.

You should only set up a public limited company (plc) after seeking professional guidance.

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