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From 6th April 2008, there are changes to filing requirements for a private company wishing to re-register as a public limited company. A company will be able to meet the authorised minimum allotted capital requirement in either sterling (£50,000) or euros (€65,600). Companies will need to indicate on the form 43(3) which currency they have chosen to meet the authorised minimum. A company using the prescribed form 43(3) unaltered will be regarded as having chosen to meet the authorised minimum in sterling. A company wishing to meet the authorised minimum in euros can modify the prescribed form; alternatively, Companies House has produced an optional form 43(3), modified to meet this requirement, which a company can choose to use. Click here for the prescribed form 43(3) Guidance on modifying the form 43(3): If the company is seeking to satisfy the authorised minimum in euros (€65,600), a statement to that effect should be added to the form.
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