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UK - public Limited Formation Key Information

Updated time: Dec 9, 2015 , 11:29 (UTC+08:00)

UK - public Limited

Type of Company Public Limited
Type of Law Common
Shelf company availability Yes
Our time to establish a new company Normal with 2 working days or 1 working day in urgent
Corporate Taxation 20% - 23%
Double Taxation Treaty Access Yes
Share capital or equivalent
Standard currency GBP
Permitted currencies Any
Minimum paid up £50,000
Usual authorised £50,000
Minimum number Two
Local required No
Publicly accessible records Yes
Location of meetings Anywhere
Minimum number Two
Publicly accessible records Yes
Location of meetings Anywhere
Company Secretary
Required Yes
Local or qualified Yes, qualified
Requirements to prepare Yes
Audit requirements Yes
Requirements to file accounts Yes
Publicly accessible accounts Yes
Recurring Government Costs
Annual Return Filing Fee £30 manually or £15 electronically
Requirement to file annual return Yes
Change in domicile permitted Yes, but subject to approval of HM Revenue & Customs

Documents required from customers

  • Passport of each shareholder/beneficial owner and director
  • Proof of residential address of each director and shareholder (Must be in English or certified translation version)
  • The proposed company names
  • The issued  share capital and par value of shares

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