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PLC Package

Set up a public liability company with a PLC trading certificate.
Order online or by telephone today.

Your new company name:

Public limited company formation

£149.99
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Our PLC Package, at a cost of just £149.99 +VAT, is ideal for those who wish to set up a public limited company.

Highlights of this package include:

  • Public limited company formation
  • UK business banking (optional)
  • Trading certificate for a public company

Specific requirements of a public limited company

A public limited company has specific requirements for incorporation and commencing trading - over and above those of a private company.

A minimum of two directors

Unlike a private company where only one director is required, a public limited company requires two directors.

A qualified company secretary

Due to the corporate governance requirements of a public company, a suitably qualified company secretary must be appointed on incorporation, for example a chartered secretary, chartered accountant or solicitor.

Share capital

A public limited company requires a minimum nominal share capital value of £50,000 on incorporation. At least 25% of the nominal value of allotted shares must be paid up – that being a minimum of £12,500.

A trading certificate

A trading certificate for a public company must be obtained from Companies House before a PLC can commence trading. This certificate confirms that at least a quarter of the nominal value of allotted shares have been paid up.

This package includes the provision of a trading certificate.

How much will I save by choosing this package?

If you were to buy the items included in this package individually, it would cost a total of £289.99. Therefore, at a package price of £149.99, you will enjoy a saving of £140.00 +VAT.

Package Features:

Company Formation

Public
Limited Company

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Public Limited Company

Your new company will usually be formed within 24 hours; however, this timescale is subject to Companies House workload and it may take longer.

If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.

Companies House
£50.00 Filing Fee Included

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Companies House £50.00 Filing Fee Included

Companies House charge a £50.00 filing fee for company incorporation. This is included in the package price, so what you see is what you pay - there are no hidden costs.

Email Copy of Certificate of
Incorporation, Share Certificates,
Memorandum & Articles

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Email Copy of your Company Documents

As soon as your company is registered at Companies House we will deliver a full set of company documents to you by email, including:

  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Share Certificates
  • WebFiling Authentication Code (required to use Companies House WebFiling system)

Email Copy of
Company Register with First Entries

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Email Copy of
Company Register with First Entries

A digital version of your company’s statutory registers, including completed initial entries from the date of your company registration. The documents included in the company register are:

  • Register of Applications and Allotments
  • Register of Members and Share Ledger
  • Register of Transfers
  • Register of Mortgages and Charges
  • Register of Debentures
  • Register of Sealings or Executions
  • Register of Directors
  • Register of Director's Residential Address
  • Register of Secretaries
  • Register of PSCs
  • Register of PSC's Residential Address

Printed Certificate of
Incorporation, Share Certificates,
Memorandum & Articles

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Printed Copy of your Company Documents

As soon as your company is registered at Companies House we will deliver a full set of company documents to you by Royal Mail post, including:

  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Share Certificates

Compliance

Trading Certificate
for a Public Company

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Trading Certificate for a Public Company

It is a legal requirement for all public limited companies to obtain a trading certificate before starting trading.

We will prepare and submit to Companies House the application form for your trading certificate for a public company. Once it has been issued, we will deliver the certificate to you by Royal Mail post.

Business Essentials

VAT Registration (use at anytime)

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VAT Registration (use at anytime)

Allow our highly trained staff to handle the formalities of your VAT registration.

If your turnover is expected to exceed £90,000 in the next 12 months, it is a legal requirement to register for VAT, unless the supplies are exempt.

If your turnover is not expected to exceed the £90,000 threshold, there are a number of reasons why many companies choose to register for VAT voluntarily. Here are some examples:

  • The ability to claim back VAT on goods and services purchased by the company.
  • Raise the corporate image of the company by appearing to be bigger than you actually are.
  • Enable deals with suppliers and customers who are not willing to deal with companies that are not VAT registered.

The VAT registration process explained

As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your VAT registration application with HMRC.

We will then apply for your VAT registration online. The timeline for the approval of new VAT registrations is subject to the information received and HMRC's workload, which can vary significantly.

Once your VAT registration has been approved, we will send your VAT Registration Number to you by email. Your VAT Registration Certificate will be sent to you by post by HMRC.

PAYE Registration (use at anytime)

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PAYE Registration

If there are any employees or directors who will be taking a salary from your company, it is a legal requirement to register your company for PAYE with HMRC. Failure to register for PAYE promptly can result in penalties.

Avoid potential complications by allowing our highly trained staff to take care of the registration on your behalf.

The PAYE registration process explained

As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your PAYE registration application with HMRC.

We will then apply for your PAYE registration online. This process normally takes around 3 weeks, and all of your PAYE information will be sent to you by post directly from HMRC.

If your first payday is less than 3 weeks away, do not be concerned. You should process your salary or salaries on the date of your first payday, and complete your registration information from HMRC. If your first filing is late, HMRC will take into account the timing of your registration so there should be no issues arising from this filing.

Free Business Bank
Account (optional)

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Free Business Bank Account

UK customers

Add a free business bank account referral to one of our packages and get up to 12 months’ of free business banking.

Complete a simple online application for your chosen bank and we’ll send it directly to your bank as part of your order. Our current banking partners include Barclays, NatWest, Mettle, Cashplus, Tide, Monzo and ANNA.

UK and International customers

Both UK and international customers based outside of the UK can add a free business bank account referral to WorldFirst at the end of their order, after entering their company details.

WorldFirst provide a UK bank sort code and account number, as well as the ability to open 10+ local currency accounts for free and spend in over 40+ currencies.

Please note: Bank account referrals for UK customers are only available to companies with UK resident directors and shareholders. Companies with overseas directors and shareholders are eligible to apply for a WorldFirst account only. Account openings for all banking referral partners are subject to approval.

Free Online
Company Manager

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Online Company Manager

Our Online Company Manager system allows you to take full control of your company details from one central login:

  • Receive e-mail reminders of key filing dates to avoid missing deadlines and incurring penalties.
  • Make changes to company officer details, addresses, change accounting dates and file confirmation statements online.
  • Form new companies without having to re-enter all the same information each time.
  • Import existing companies, and control all of your business in one place.
  • View and download your company documents easily.
  • View and download your official government and business mail.
  • Purchase additional products and services from the Shop.
  • Manage your payment cards.
  • Renew your annual subscription services.

Please note: The standard articles included in this package are suitable for an unlisted PLC. We advise using your own bespoke articles if you require a listing on a regulated market, for example the LSE or AIM.

Prefer to order by telephone?

If you are not confident forming your company online - call our friendly team and we will complete your order by telephone.

« 1st Formations had the most useful and competitive packages and their ordering process seemed so much easier than incorporating directly with Companies House. »

Thom Dhar
1st Formations Customer
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