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Public Limited Company

A public limited company (p.l.c) is a form of limited company in the Republic of Ireland and the U. K. which is allotted shares that are provided for the general public. A public limited company is required to have the words "public limited company" or the abbreviation p.l.c at the end of their name in all instances. Subscribers with a public limited company must agree to take all, or some, of the shares when the business is officially registered. It is necessary that a public limited company's first accounts start on the day of incorporation, which is a good reason so acquire an attorneys help.

Fast Facts

  • A public limited company is allowed many different types of shares, and all may have different conditions associated with them.
  • Many United Kingdom businesses are now registered electronically through Company Formation Agents.

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