Both RACS PSC & RACS CIS PSC - use a selection of third party professional providers to advise, and assist any Own Limited Company formed by a contractor. Both products have been audited and approved as fully compliant with MSC legislation to exclude involvement.
Each Director of the PSC becomes the sole owner and shareholder (no company secretary) and they have total individual control over their business bank account - RACS has no involvement whatsoever.