Public limited company

PLC (or Ple , plc ), abbreviation of Public limited company , placed at the end of the name of an Irish company or the United Kingdom, indicates that this company whose shares were sold by a public call to the saving.

The international and French equivalent is SA (Public limit company).

Characteristics

The characteristics of are PLC:

  • at least 2 shareholders

  • a Capital minimum of 50.000 books (approximately 72.886 euros), entirely subscribed with obligation to release from it the quarter
  • operation equivalent to that of Private Limited Company, but a board of directors made up of 2 administrators minimum within the board, natural person or moral person, shareholder or not
  • of the additional administrative formalities ( trading certificate )
  • the presence of a Auditor ( auditor )
  • the responsibility for the shareholders limited to the amount of the contributions
  • the social and tax mode of the Paid S for the administrator exerting in addition to its mandate a technical function specifies (example: managing director )

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