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Company formations
What is a PLC company?

A public limited company (PLC) had a Memorandum which states that it is a public company.  It has an authorised share capital of £50,000 minimum and is registered at Companies House as a PLC.

 

The company must have a minimum of 2 directors and one company secretary and have at least 2 shares issued.

 

Before you can start trading as a PLC you will need to complete a form 117 from Companies House and make a statutory declaration that the company complies with the minimum share capital for a PLC.  It must also have issued 25% of share capital which must be fully paid.  Where the share capital is £50,000 this would be £12,500.

For more information, please visit the
Companies House website


If you need help with using any part of the @UK system, @UK PLC offers a number of training courses, and would be happy to discuss any other training requirements you may have.