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⍰ ASK Can a company re-register from a private limited company to a public limited company?

cryptohunter

cryptohunter

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A Uk company can switch from being a private limited company to a public limited company, and this process is called reregistration. To start the directors of the company propose the change in a board meeting, and the shareholders need to agree in a general meeting by passing a special resolution. The resolution stating the company's plan to become a public limited company, must be sent to Companies House within 15 days.

Additionally, the company needs to meet certain conditions, like having a share capital of at least £50,000, with a quarter of it paid up. It also has to get a trading certificate from Companies House, confirming that it meets the requirements for public trading.
 

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