New companies file a statement of initial significant control to Companies House alongside the other documents required to incorporate the company. You must have direct control and/persuasion over significant proportions of primary business activities.Ī PSC may be a director, board member or registered as a PSC in their own right. You must control or contribute to at least 25% of the company's finance or.Chairman of the board, CFO, CEO, COO, Vice President etc. You must be directly responsible for a significant segment or activity of the company i.e.You must control more than 25% of the company's voting rights or.You must own more than 25% of the company shares or.
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