Public Limited Company Formation
The main differences are that there must be a minimum paid up capital of at least £50,000.00 with, at least, one quarter of that sum being immediately and fully paid up. Penalties for non-adherence to the provisions of the Companies Act 1985 are higher than for Private companies.
The cost of a non-listed and standard format PLC (ie one which will not apply for a Public Listing of its shares) will be between £300 and £500 plus vat depending on the special requirements and discussions concerning the content of the Memorandum and Articles.Please contact us to discuss requirements.
Please note we do not deal with companies who require a public listing of shares as we recommend you should use top commercial solicitors for this type of company.