cryptohunter
Active member
- PPF Points
- 2,738
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.
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.
