← Lessons 02-Business and Company Law

Public Limited Company — PLC

A PLC must have:

  • At least 2 members.
  • At least 2 directors.
  • A qualified company secretary.
  • A registered name ending in Public Limited Company (plc).
  • A declaration that it is to be a PLC in its registration application.
  • Minimum nominal share capital of £50,000.
  • At least £50,000 of shares issued to satisfy the requirement described in the notes.