Frequently Asked Questions > PLC (Public Limited Company) > When would I need a PLC rather than a basic limited company?
In this section we deal with the most common questions that prospective clients have. Should you find that your questions are not answered here we encourage you to get in touch with us to discuss your requirements.
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PLC stands for Public Limited Company. It is particularly preferable for large share-companies in Europe, as shares can be traded publicly, or on the stock exchange. But generally, a PLC is not suited for most of our clients, as they are subject to much stricter regulations than a LTD. Furthermore the PLC must meet very special eligibility requirements to be illegible for foundation.
To say it exactly: We dissuade 95% our interested clients from founding a PLC. Many advantages of a PLC are also easily realized through a Private Limited Company. There is really only one reason to warrant the founding of a PLC, that being an initial public offering. Another reason could be the prestige factor, as PLC’s are often considered much more reputable than Limited companies in the UK and abroad.
Last updated on January 17, 2011 by Robert Harris