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5. What requirements do I need to meet to form a limited company?
At least 1 director & 1 secretary
At least 1 shareholder ( any one of the above can be shareholder)
To set the type od shares
Needs to have an authorised and issued capital
A registered Office Address
| | Private Limited Company | Public Limited Company |
| | (Minimum) | (Minimum) |
| Director | 1 | 2 |
| Secretary | 1 | 1 |
| Shareholder | 1 | 1 |
| Capital | | |
| Authorised | 1 | £50000 |
| Issued | 1 | £12500 |
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