WHAT IS A PUBLIC LIMITED COMPANY?

A public limited company ('PLC') is a company that is able to offer it's shares to the public. However, they do not have to offer their shares to the public and are often used to perhaps show a greater status.

• The minimum number of shareholders must be two
• Accounts must be filed within 6 months of the year end
• The Company Secretary must be a qualified person i.e. a Chartered Secretary, Chartered or Certified Accountant, Solicitor of such other qualified person
• The minimum number of Directors is two

M & N can incorporate a Public Liability Company normally within 24 hours.

The statutory package for a Public Liability Company includes:

• Original Certificate of Incorporation
• 4 bound copies of the Articles of Association
• Draft minutes of the first board meeting
• Statutory Books (allotments, transfers, mortgages, debentures,
  directors and secretary minutes)
• Pre - printed share certificates
• Stock transfer forms if applicable