A PSC is anyone who owns more than 25% of shares/voting rights or otherwise exercises significant control. PSCs must be disclosed on the public register and verified under the new rules.
Details
A PSC is anyone who owns more than 25% of shares/voting rights or otherwise exercises significant control. PSCs must be disclosed on the public register and verified under the new rules. In short: A Person with Significant Control — someone who owns or controls a material stake in the company. Eteform helps Arabic-speaking non-residents form and maintain UK Ltd companies as — see pricing and start formation when you are ready.
Practical example
Example: a founder outside the UK forms a Ltd, receives a CRN and Certificate of Incorporation, then uses those documents for banking or payment onboarding. Always confirm current provider requirements.
FAQ
What is PSC in UK company formation?
A PSC is anyone who owns more than 25% of shares/voting rights or otherwise exercises significant control. PSCs must be disclosed on the public register and verified under the new rules.
Do I need to be a UK resident?
Usually no for forming a UK Ltd. You still need a UK registered office address and identity verification through.