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Glossary

PSC (Person with Significant Control)

What it is

A Person with Significant Control is someone who effectively owns or controls a company — typically holding more than 25% of shares or voting rights, or the right to appoint/remove directors. Companies must identify and register their PSCs.

Why it matters

PSC information is public and part of the UK's anti-money-laundering transparency rules. PSCs must also verify their identity with Companies House.

Common mistake

Assuming only directors matter. A shareholder who isn't a director can still be a PSC and has obligations.

Official source

GOV.UK — People with significant control

Related

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Disclaimer

General educational guidance only — not legal, tax, accounting, immigration, investment or financial advice. We don't guarantee the information is complete, current or suitable for your situation. Always check official sources (GOV.UK, Companies House, HMRC, the relevant professional body) and speak to a qualified professional before acting. Last reviewed: June 2026.