What is a Person of Significant Control (PSC)?

Written By Damion Viney

Companies House require companies to maintain a register of Directors, Shareholders and also Persons of Significant Control.

A Person of Significant Control are people who own or control a company whether directly or indirectly. They are defined as those meeting at least one of the following criteria:

  • more than 25% of shares in the company

  • more than 25% of voting rights in the company

  • the right to appoint or remove the majority of the board of directors

It is also possible for someone who does not meet the above criteria to be a PSC if they influence or control the company by other means.


Damion Viney

Damion Viney has been supporting business owners to make a success of their ventures since 2011 when he set up Co-. Blogs cover all aspects of business development. He is co-author of Improving the Numbers. 

linkedin.com/damion-viney

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