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ACSP AP006589

PSC Verification Guide

Everything you need to know about Persons with Significant Control. Plain English, no jargon.

Think of it Like a Pizza

Imagine a company is a pizza cut into 4 slices. If you own more than one slice (more than 25%), you're a PSC.

It doesn't matter if someone else owns more than you. If your slice is bigger than a quarter of the pizza, you have "significant control."

Not sure if you're a PSC?

Use our quick interactive tool to find out in 60 seconds.

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Director vs PSC: What's the Difference?

DirectorPSC
Who are they?Runs the company day-to-dayOwns/controls the company
Ownership required?NoUsually >25%
Listed at Companies House?
Must verify identity?
Can be both? Yes! Very common

I'm Both a Director AND a PSC

This is very common! If you're the founder of a small company, you probably run it (director) AND own most of it (PSC).

Good news:

  • You only verify once
  • One Personal Code covers both roles
  • Works across all your companies

Key Facts for PSCs

What counts as "significant"?More than 25% ownership or control
How long does verification take?5-10 minutes (digital)
How much does it cost?From £39
How often?Just once (code is permanent)
Can a company be a PSC?No – but see RLE guidance

Common Questions

What does PSC stand for?

PSC stands for Person with Significant Control. It's someone who owns or controls a significant part of a company – usually more than 25%.

Can a company be a PSC?

Not exactly. If a company controls another company, it's called an RLE (Relevant Legal Entity). But there's usually a real person at the top who is the ultimate PSC.

I'm a director but don't own any shares. Am I a PSC?

Probably not. Being a director alone doesn't make you a PSC. You need to own more than 25% or have significant control in other ways.

Do all PSCs need to verify their identity, and by when?

Yes. Every PSC must verify their identity. If you're a PSC but not a director, your deadline is within the first 14 days of your birth month; if you're also a director, you verify on the director timetable (by your next confirmation statement, and by 18 November 2026 at the latest). Continuing to act as an unverified PSC after your deadline is a criminal offence.

I'm both a director AND a PSC. Do I verify twice?

No! You only verify once. Your Personal Code covers both your director and PSC roles across all your companies.

Ready to Verify?

Digital verification takes just 5-10 minutes. Get your Personal Code today.

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