PLC Incorporation - London Registrars
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A public limited company must have at least two
directors and a company secretary who is on record with Companies House.
A public limited company also must have issued
share capital of at least £50,000 (or the prescribed Euro equivalent as set
from time to time by the Secretary of State). The liability of each member is
limited to the value of shares a member holds. Registering your company as a
PLC entails many benefits as well as more stringent capitalisation and
governance requirements. For more information please visit the plc section in our FAQs.
To incorporate your PLC, we will:
- check
if the name you have chosen for your company is available and in line with
company name rules
- prepare
company registration forms, Articles of Association, Statement of Capital
and Initial Shareholdings and statutory registers, using our own
customised Model Articles
- file
the documents and pay the required fees at Companies House
- provide
legal advice on the issues related to your company formation, obligations
and duties
- forward
the Certificate of Incorporation, statutory registers and the Memorandum
and Articles of Association to your registered office address
- applying
for the trading certificate (on receipt of satisfactory evidence that the
required share capital has been paid in).
Our PLC incorporation is priced from £199 to £299
plus VAT for incorporations with up to two directors, and is inclusive of
agents fees, the registration fee payable to Companies House and AML checks.
For any added directors or corporate shareholders, an additional fee of
£55 plus VAT each would be payable. Any work required to prepare bespoke
articles or review articles prepared by someone else would be quoted for
separately.
If you already own a private company limited by
shares, we can assist you in re-registering your firm and changing its status
into a public limited company. Please go to Ltd to PLC company
status change page for
more information.
London Registrars also provides company secretarial and registered office services.
To comply with anti-money laundering regulations,
we will be asking for ID documents and proof of address in respect of each
proposed director and any shareholder with more than 25% shareholding. These
must be certified by a solicitor or notary.
Once the company starts trading, it will need to
apply for a trading certificate, but first it will need to fulfil certain
conditions regarding minimum payments of the capital.
Our service to advise and arrange the trading
certificate will be £99 plus VAT.
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