English Company Formation – PLC

Forming a Corporation – Company Incorporation – Company Foundation – Formation of Company


 

The PLC company form has many advantages. Easier access to capital, liquidity and profit and tax advantages. In addition to the advantages, it is also important to mention what you need to look out for. These are the administrative and record-keeping requirements. These are strict in England. A PLC must have at least two directors and a chartered/qualified company secretary. If you wish to carry on a business, you must obtain a trading certificate. If this certificate is not obtained, trading is a criminal offence and directors can be prosecuted.

The company must have a minimum share capital of £50,000 or the equivalent in €uros at the time of incorporation and the value of the first shares issued must not be less than £0.25 per share. Therefore, we always assume a first round value of £1.00 per share at the time of incorporation. When raising capital, there will normally be more and more types of shares issued with different share values and different share types, which may confer different rights on shareholders.

To comply with the law, the company must hold a general meeting at least once a year. The general meeting is due and compulsory within six months of the end of each financial year, and the company must also file its returns with the authorities within six months of the end of the year. The company can be fined up to £7,500 if the return is late.

 

Company name check: https://symfalogic.co.uk/checking-english-company-name/

 

When establishing a PLC, the main business activity must be defined according to the SIC-Code (Standard Industrial Classification) system. The maximum number of activities is 4. To help you define the scope of activities of the company, these two websites are available: https://www.siccode.com, https://www.gov.uk .

The company is required to submit a Confirmation Statement to Companies House at the end of its tax year. This company statement must include details of the company, share capital and details of the director. The annual results must be sent to HMRC in an Annual Account return, and a corporation tax return (CT600) must also be sent here.


PLC company formation fees:

Our clients can choose from several packages, which include:

Aberdeen package – £280

(Unlimited Consultation, Incorporation online, Name selection , Minimum 2 Directors, Unlimited Owner, Persons with Significant Control (PSC), Search for SIC codes, Share capital on incorporation £12,500, within 1 year £50,000. -, Articles of Association Pdf , Printed Memorandum and Articles of Association, Printed share certificates, Registered office in Leeds or Doncaster, Notification of deadlines , UTR number , Webfiling code, Start-up dossier, Free Domain name, Corporation Tax registration, Goverment Gateway registration, 2 Self Assessment registrations, *Secretary)

 

Liverpool package – £340

(Unlimited Consultation, Company Formation online, Name selection , Minimum 2 Directors, Unlimited Owner, Persons with Significant Control (PSC), Search for SIC codes, Share capital £12,500.00 on incorporation, £50,000.00 within 1 year. -, Articles of Association Pdf , Printed Memorandum and Articles of Association, Printed share certificates, Registered office in Leeds or Doncaster, Notification of deadlines , UTR number , Webfiling code, Start-up dossier, Free Domain name, Corporation Tax registration, Goverment Gateway registration, 2 Self Assessment registrations, *Secretary, Paye registration)

 

Brighton package – £440

(Unlimited Consultation, Incorporate online, Choice of Name , Minimum 2 Directors, Unlimited Owner, Persons with Significant Control (PSC), Search for SIC codes, Share capital on incorporation £12.500.-, within 1 year £50.000. -, Articles of Association Pdf , Printed Memorandum and Articles of Association, Printed share certificates, Registered office in Leeds or Doncaster, Notification of deadlines , UTR number , Webfiling code, Start-up dossier, Free Domain name, Corporation Tax registration, Goverment Gateway registration, 2 Self Assessment registrations, *Secretary, Paye registration, Data Protection registration)

 

Halifax package – £540

(Unlimited Consultation, Incorporation online, Choice of name , Minimum 2 Directors, Unlimited Owner, Persons with Significant Control (PSC), Search for SIC codes, Share capital on incorporation £12,500, within 1 year £50,000. -, Articles of Association Pdf , Printed Memorandum and Articles of Association, Printed share certificates, Registered office in Leeds or Doncaster, Notification of deadlines , UTR number , Webfiling code, Start-up dossier, Free Domain name, Corporation Tax registration, Goverment Gateway registration, 2 Self Assessment registrations, *Secretary, Paye registration, Data Protection registration, VAT registration)

 

Oxford package – £760

(Unlimited Consultation, Incorporation online, Choice of Name , Minimum 2 Directors, Unlimited Owner, Persons with Significant Control (PSC), Search for SIC codes, Share capital on incorporation £12.500.-, within 1 year £50.000. -, Articles of Association Pdf , Printed Memorandum and Articles of Association, Printed share certificates, Registered office in Leeds or Doncaster, Notification of deadlines , UTR number , Webfiling code, Start-up dossier, Free Domain name, Corporation Tax registration, Goverment Gateway registration, 2 Self Assessment registrations, *Secretary, Paye registration, Data Protection registration, VAT registration, Apostille)

 

Derby package – £990

(Unlimited Consultation, Incorporation online, Choice of name , Minimum 2 Directors, Unlimited Owner, Persons with Significant Control (PSC), Search for SIC codes, Share capital £12,500.00 on incorporation, £50,000.00 within 1 year. -, Articles of Association Pdf , Printed Memorandum and Articles of Association, Printed share certificates, Registered office in Leeds or Doncaster, Notification of deadlines , UTR number , Webfiling code, Start-up dossier, Free Domain name, Corporation Tax registration, Goverment Gateway registration, 2 Self Assessment registration, *Secretary, Paye registration, Data Protection registration, VAT registration, Apostille, GDPR)

 

* Certified Secretary. To incorporate a company, the client must provide a qualified secretary or solicitor who complies with the English rules to act as the secretary of the PLC. If neither person is available, our company will provide a Chartered Secretary and/or our Accountant will stand behind the company as a certificate, the annual fee for which in all cases and in addition to the fee for each company formation package is +£1,690.00 per annum.


To incorporate a company, the following steps are required:

    1. Select a company formation package
    2. Fill in the company formation form
    3. On arrival at the webshop, select the company formation package and the system will guide you through the payment process.

After the payment of the order, we will send you a confirmation of the data entered in the completed form for verification purposes, to correct any errors or mistakes.

The process of incorporation will start the day of your feedback and the company will be registered within 2 weeks. The day after that, your company will have the right to start trading.

 

The UK is just waiting for you! – Get involved in starting an English business,

and ask for our help with all financial matters! We look forward to hearing from you as soon as possible at any of our contact details!

 

 

Phone: + 44 (0) 1357 – 340 – 000

Email address: info@symfalogic.co.uk

Skype: Symfalogic Corporation

 

Choose the right start-up package for you:

Aberdeen package
£280
Unlimited consultation
Starting a business online
Choose a name
Minimum 2 Directors
Unlimited Owner
Persons with Significant Control (PSC)
Search for SIC codes
Share capital £12.500.- on Incorporation, within 1 year £50.000.-
Articles of Association Pdf
Printed Articles of Association
Printed share certificates
Registered office Leeds or Doncaster
Notice of deadlines
UTR number
Webfiling code
Initial dossier
Free Domain Name
Corporation Tax Registration
Government Gateway Registration
2 Self Assessment registration
*Secretary of State
 
 
 
 
 
Liverpool Package
£340
Unlimited consultation
Starting a business online
Choose a name
Minimum 2 Directors
Unlimited Owner
Persons with Significant Control (PSC)
Search for SIC codes
Share capital £12.500.- on Incorporation, within 1 year £50.000.-
Articles of Association Pdf
Printed Articles of Association
Printed share certificates
Registered office Leeds or Doncaster
Notice of deadlines
UTR number
Webfiling code
Initial dossier
Free Domain Name
Corporation Tax Registration
Government Gateway Registration
2 Self Assessment registration
*Secretary of State
Paye registration
 
 
 
 
Brighton Package
£440
Unlimited consultation
Starting a business online
Choose a name
Minimum 2 Directors
Unlimited Owner
Persons with Significant Control (PSC)
Search for SIC codes
Share capital £12.500.- on Incorporation, within 1 year £50.000.-
Articles of Association Pdf
Printed Articles of Association
Printed share certificates
Registered office Leeds or Doncaster
Notice of deadlines
UTR number
Webfiling code
Initial dossier
Free Domain Name
Corporation Tax Registration
Government Gateway Registration
2 Self Assessment registration
*Secretary of State
Paye registration
Data protection registration
 
 
 
Halifax Package
£540
Unlimited consultation
Starting a business online
Choose a name
Minimum 2 Directors
Unlimited Owner
Persons with Significant Control (PSC)
Search for SIC codes
Share capital £12.500.- on Incorporation, within 1 year £50.000.-
Articles of Association Pdf
Printed Articles of Association
Printed share certificates
Registered office Leeds or Doncaster
Notice of deadlines
UTR number
Webfiling code
Initial dossier
Free Domain Name
Corporation Tax Registration
Government Gateway Registration
2 Self Assessment registration
*Secretary of State
Paye registration
Data protection registration
VAT registration
 
 
Oxford package
£760
Unlimited consultation
Starting a business online
Choose a name
Minimum 2 Directors
Unlimited Owner
Persons with Significant Control (PSC)
Search for SIC codes
Share capital £12.500.- on Incorporation, within 1 year £50.000.-
Articles of Association Pdf
Printed Articles of Association
Printed share certificates
Registered office Leeds or Doncaster
Notice of deadlines
UTR number
Webfiling code
Initial dossier
Free Domain Name
Corporation Tax Registration
Government Gateway Registration
2 Self Assessment registration
*Secretary of State
Paye registration
Data protection registration
VAT registration
Apostille
 
Derby package
£990
Unlimited consultation
Starting a business online
Choose a name
Minimum 2 Directors
Unlimited Owner
Persons with Significant Control (PSC)
Search for SIC codes
Share capital £12.500.- on Incorporation, within 1 year £50.000.-
Articles of Association Pdf
Printed Articles of Association
Printed share certificates
Registered office Leeds or Doncaster
Notice of deadlines
UTR number
Webfiling code
Initial dossier
Free Domain Name
Corporation Tax Registration
Government Gateway Registration
2 Self Assessment registration
*Secretary of State
Paye registration
Data protection registration
VAT registration
Apostille
GDPR