Public Limited Company (PLC)

A Public Limited Company is the most common form of business structure owned by a number of shareholders who are usually elected to become directors of a board, to control the business and becomes a separate entity due to legal and income tax purposes. The shareholders of the Public Limited Company are commonly liable but are limited to the amount of investment in the company as it needs to be agreed with all the other directors. To be a shareholder you will need to primarily own 51% of the business shares. Shares of PLC’s can be bought and traded on the stock market.
A long with PLC, limited companies occur in two other firms
all operating according to English and Irish company law:

Or we can call you!
Just fill out the form below

1. Private limited company limited by shares (Ltd)
A limited company can be private or public which is “Limited by shares" meaning that the company has shareholders, and that the liability of the shareholders to creditors of the company is limited to the capital originally invested through a nominal fee paid and then will become protected for fear that liquidation transpires.

2. Private limited company limited by guarantee
This is an alternative type of business which requires legal personality as it is used principally for non-profit organisations such as charities and social clubs. A guarantee company does not have a share capital, but has members who are guarantors instead of shareholders. The guarantors contribute to the corporation with a nominal amount (typically £1) in the event of a shortfall upon termination of business. It cannot distribute its profits to its associates, making it eligible to apply for charitable status if necessary.

Public Limited Company (PLC)

E-mail