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Public Limited Company (PLC) Incorporation

Name: Public Limited Company (PLC) Incorporation - Splashdict
Brand: CAC Registration
Price: 80000.00 NGN
Availability: InStock

NGN80,000

Register Public Company Limited by Shares with CAC

A Public Limited Company (PLC) is a type of company whose shares can be freely offered to the public and is often listed on the Nigerian Stock Exchange. It offers limited liability protection, a structured corporate governance model, and greater access to capital raising opportunities.

PLCs are ideal for large businesses, investment groups, or corporate entities looking to scale nationally or internationally through public funding, institutional investors, or Initial Public Offerings (IPOs).

*Minimum authorized share capital:

Service Fee (All inclusive):

NGN80,000

Start Public Company Limited by Shares (PLC) in Nigeria

Here's how SplashDict's team of CAC-accredited experts can help:

Filing & Documentation: We handle filings and required documents for registration of Public Limited Liability Company (PLC) with CAC.
Name Availability Check & Reservation: We conduct a CAC name search and reserve your preferred company name.
Official Confirmation: Receive Certificate of Incorporation (with Tax Identification Number), CAC Status Report, and Memorandum & Articles of Association (MEMART) for new Company.
Transparent Pricing: Covers CAC fees and our service fee with no hidden charges.
Fast Processing: Completed within 2 to 14 working day(s), depending on CAC approval.
Secure Document Access: Your incorporation documents are securely stored online, accessible for free anytime, no need to pay CAC for re-downloads.
Ongoing Support: Get expert help from our Chartered Secretary and compliance team for all regulatory needs.

Get Started now!

Why Register a Public Limited Company (PLC)?

A Public Limited Company (PLC) can offer its shares to the general public and provides limited liability to its shareholders. Shares can be acquired through a private offering (IPO) or by trading on a stock exchange.

PLCs are highly regulated and are legally required to disclose their financial performance to shareholders, ensuring transparency and accountability.

Access to Public Capital: The primary benefit is the ability to raise substantial funds by issuing shares to the general public, facilitating major investments and expansion.
Enhanced Credibility & Public Trust: A PLC status signifies high transparency, strong corporate governance, and public accountability, greatly enhancing trust with investors, partners, and the public.
Separate Legal Entity: The company operates independently of its owners, capable of owning vast assets, entering large-scale contracts, and suing or being sued in its own name.
Limited Liability: Shareholders are only liable up to the value of their shareholding. Personal assets are protected from business debts or legal obligations.
Transferability of Shares: Shares in a PLC are freely transferable and can be traded on the stock exchange, offering liquidity and exit options to investors.
Unlimited Growth Potential: There is no cap on the number of shareholders, allowing for unrestricted capital inflow and scalability.
Professional Credibility: PLCs enjoy strong professional recognition, often required for opening business bank accounts, obtaining licenses, and securing funding from institutional investors or government programs.
Perpetual Existence: The company’s existence is unaffected by changes in ownership, management, or shareholder structure.
Exclusive Name Rights: Your company name is legally protected by CAC, ensuring brand exclusivity within Nigeria.
Corporate Taxation: PLCs are taxed separately as legal entities and must comply with Nigeria’s corporate tax laws, including Company Income Tax (CIT), VAT, and others.
Annual Compliance Obligations: PLCs are required to file annual returns, conduct Annual General Meetings (AGMs), and maintain proper statutory records to remain in good standing with CAC and regulators.

CAC Registration Service

Requirements for Public Limited Company (PLC) Registration with CAC

Proposed Company Name: Two unique name options for CAC availability search and reservation.
Business Activity (Objects): Clear description of the company’s primary business purpose or activities.
Registered Office Address: The physical business address in Nigeria where the company will be located.
Statement of Issued Share Capital: Provide the total number of issued shares, their nominal value, and share classes (e.g., equity or preference).
Minimum authorized share capital of ₦2,000,000 (higher for certain regulated sectors).
Memorandum and Articles of Association (MEMART): A draft document outlining the company's constitution, objectives, share capital, and internal governance rules.
Can be customized or use CAC’s template.
Membership: Requires at least two initial members (individual or corporate body).
Particulars of Director(s): Details include Full name, Address, D.O.B, Gender, Occupation, Valid identification, Signature, and Consent to act as a director.
A public company must appoint at least two directors.
Particulars of Initial Shareholders: Details include Full name, Address, Occupation, Valid identification, and Signature. Also provide the number of shares held, the nominal value of each share, and payment information for each share.
At least one (2) initial shareholders are required (no maximum).
Particulars of Secretary: Details include Full name, Address, Valid identification, and Signature.
Public companies are required to appoint at least one secretary.
Particulars of Persons with Significant Control (PSC): Details of any individual or entity holding more than 25% ownership, voting rights, or significant influence over the company.