Public United Kingdom PLC
Read below to learn more on how you incorporate and get your UK PLC on OTCBB and Pink Sheets, thus gaining access to capital markets and public quoted advertisment. Furthermore a UK PLC has much easier getting quoted on the Alternative Investment Market (AIM).
We recommend incorporating a UK PLC company for the purpose of going public. We do this for a number of reasons:
- Effective and EU wide recognized license options through FSA and The Office of Fair Trading
- A large range of financial services available in the UK through its effective banking sector
- UK PLC’s are already present on the OTCBB and Pink Sheets
- Highly effective regulations through companieshouse
- Capital of £50.000 for the PLC *
- A registered address in the UK * *
- Ready made business plan
- At least 2 directors
- At least 1 qualified company secretary ***
- At least 1 shareholder
- Bank Account in the UK
- A complete due diligence of all people involved in the company
- Copy of all business contracts and agreements
- A website of the company
As soon as you UK PLC is completely ready you can legally trade after having “Section 117 Certificate” send to your registered company address. We will then process to step 2 of getting ready to go public. The cost for setting up a UK PLC with bank account and registered address is £2000. We would need original notarized passport and original utility bills for all directors, shareholders and secretary.
- Prepare Form 20F and Form S-1
- Under Regulation D Rule 506 the company must spread its shares to at least 35 shareholders****
- Decide if you want to be quoted on the OTCBB or Pink Sheets (for OTCBB please expect 6 months)
- The company must obtain an audit of the company financial statements*****
- Determine the share value
- Float the market with at least 1.500.000 shares
- Determine if you want your company shares to be traded in the USA the first 6 months
Your company should at this stage be prepared for getting quoted on the OTCBB or the Pink Sheets and we will in step 3 introduce you to a market maker that will quote your company stock symbol. The market maker will get the quote symbol from FINRA and your company will be quoteable. We will give you all material and contact to your broker that directly handles all share trades and give you paperwork in order to market your company. Pleasse note that your company shares will be public traded here after and your stock symbol will be visible on popular platforms such as E-Trade, Yahoo Stocks and many more.
The process is not as hard as it first seems, it is actually quite easy and we are assisting you throughout the entire registration period, and can furthermore assist you on an ongoing basis.
The cost for setting you company up through the Pink Sheets will be at £25.000 and does not include costs for incorporating a UK PLC. The costs for setting your company up on OTCBB is £50.000 and does not include costs for incorporating a UK PLC.