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United Kingdom - Public Limited Formation Key Information

Updated time: Feb 3, 2018 , 11:19 (UTC+08:00)

United Kingdom - Public Limited

General
Type of entity Public Limited
Type of law Common
Shelf company availability Yes
Our time to establish a new company Normal 2 working days. 1 working day in urgent
Corporate Taxation 20% - 23%
Double taxation treaty access Yes
Share Capital or Equivalent
Standard currency GBP
Permitted currencies Any
Usual Minimum issued £50,000
Usual authorized £50,000
Directors or Managers
Minimum number Two
Local required No
Publicly accessible records Yes
Location of meetings Anywhere
Members or Shareholders
Minimum number Two
Publicly accessible records Yes
Location of meetings Anywhere
Company Secretary
Required Yes
Local or qualified Yes, qualified
Accounts
Requirement to prepare Yes
Audit requirements Yes
Requirement to file accounts Yes
Publicly accessible accounts Yes
Others
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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