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MINIMUM NUMBER OF MEMBERS IN A PUBLIC COMPANY

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › MINIMUM NUMBER OF MEMBERS IN A PUBLIC COMPANY

  • This topic has 0 replies, 1 voice, and was last updated 8 years ago by MikeLittle.
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  • May 31, 2016 at 9:49 am #318329
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23307
    • ☆☆☆☆☆

    I have said endlessly that I can find nowhere to confirm that the minimum number of members in a public company is anything less than 2

    I have now found that authority that tells me that the correct answer is ONE – it needs to be registered as a “single-member company” but it IS now possible to have a public company with just one member

    I apologise to all those that have asked me and I have to date responded that the minimum was (wrongly) stated as two

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