U.K. Professional Clients
U.K. Private Customers
Registering a company limited by guarantee - this process is very similar to establish a regular private company limited by shares, except that you have to take the extra steps of applying for tax-exempt status with the HMRC. Do you need a solicitor or an accountant to create a company limited by guarantee? You can do much of the work yourself to get the company incorporated and tax-exemption, but you should have some basic guidance and advice from professionals who understands the non profit matters. At Coddan we can advise you about the non-profit firm registration and post incorporation issues.
If you've any enquiry then please get in touch with us! Mail: firstname.lastname@example.org. We aim to reply to all emails within 24 hours. If you are rushing please feel free to call us between 9.30am-6.00pm Monday to Friday by telephoning + 44 (0) 207.935.5171 or (0) 330.808.0089 (national rates) and chat further.
NO HIDDEN CHARGES
Company limited by guarantee establishment within one to three hours online! You can apply for "Limited" name exemption with this incorporation package. No paper forms to sign and government fees are included.
The following measurements will be sending via e-mail upon the creation of a company limited by guarantee:
NO HIDDEN COSTS
Company limited by guarantee start-up in England, Wales, Scotland and Northern Ireland within one to three hours online! You can apply for "Limited" name exemption with this start-up package. No paper forms to sign and government fees are included.
This company limited by guarantee setting-up offer includes everything mentioned in the first incorporation option, plus:
NO HIDDEN FEES
Company limited by guarantee start-up within one to three hours online! You can apply for "Limited" name exemption with this set-up package. No paper forms to sign and government incorporation fees are included.
This package includes all non-profit organisation start-up benefits cited in the previous options, plus:
ANNUAL FEES FROM £75.00
Company limited by guarantee creation with the domiciled office address in London within one to three hours online! No paper forms to sign and government fee are included.
This offer includes all company limited by guarantee creation advantages mentioned in the first & the second options, with the addition of:
ANNUAL FEES FROM £105.00
Incorporation of a company limited by guarantee with the legal address in London online! No paper forms to sign, no personal visit required to establish a non-profit corporation in the UK.
The following benefits are included in to this package:
Register a limited by guarantee company online, without the fuss of filing paper forms: in the modern and fast-paced world of business, our team of experts at Coddan has found that most clients appreciate it when services are carried out quickly and efficiently - this is why we are pleased to offer the registration of limited by guarantee companies without any paper forms to complete. Take a look at our website, and you will see that everything can be submitted to us online. By allowing Coddan to take over the entire process, you are able to concentrate on the activities that really matter in your business. Get in touch with our specialists to find out more about how we can get your limited by guarantee company up and running as quickly as possible. Talk to our expert consultants today: + 44 (0) 207.935.5171 or +44 (0) 330.808.0089.
Coddan is a top guarantee company registration expert, and have extensive experience in helping local and worldwide customers to start a company limited by guarantee in the Great Britain.
Coddan offers assistance with the full company limited by guarantee registration process from start-up through to management. We can establish a company limited by guarantee in England and Wales, we care establish a guarantee company in Scotland; create a non-profit company in Northern Ireland. Starting up yourself as a company limited by guarantee is relevant to you if you are a not-for-profit business, such as a charity company dedicating surplus to charitable causes, or if you are an association or society.
By using us to create your guarantee company in England, Wales, Scotland or North of Ireland, we can guarantee you a personal service and a wealth of experience and expertise to offer you the best service possible.
We offer outstanding customer service and expert non-profit business start-up advice from the team of professionals who can guide UK and international customers on all areas of company limited by guarantee formations and associated services. By forming a UK based company limited by guarantee, we can help with the provision of registered address in London, Liverpool, Manchester, Edinburgh and Belfast.
Limited by guarantee company vs other types of entities: at Coddan, one of the most common enquiries that is received by our experts relates to one simple question - 'what type of formation would be the most beneficial for my business or organisation?' If there is any kind of community, charitable or non-profit element to your organisation, it may be beneficial to form as a limited by guarantee company, and the team at Coddan will be able to identify whether or not it is right for you. If there is a more beneficial route for your company formation to take, we will take the time to explain the exact benefits.
As a company limited by guarantee, the most important element of this is that the 'members' (as opposed to the directors) will not be held personally liable in the event of the organisation running up any kinds of debts. The very nature of this type of group is that there will usually be some kind of charitable or community-spirited interest, and this can be a useful arrangement to limit the overall financial damage that could occur if a project should fail. If a local authority is able to provide any kind of funding for this type of set-up, being established as a company limited by guarantee may be a mandatory requirement in order to qualify for financial backing.
When comparing this kind of arrangement to other types of company registration set-ups, the differences go far beyond the ability to protect individuals from any accrued debts. When forming a regular limited company, there may be a number of named shareholders, and this can lead to a requirement to pay some kind of dividend to them - this can have an adverse effect upon funding for a community project. By getting incorporated as a company limited by guarantee, there is no financial obligation to each 'member,' and initial documents are drafted at the outset to confirm exactly how any surplus money should be reinvested instead of distributed.
A common feature among most limited companies in Britain is the use of the word "LTD" at the end of the official company name. This marks the business out as a limited liability company, where the personal, financial interests of the shareholders or directors remain separate to the finances of the company. While most businesses are companies limited by shares, it is also possible to limit a company by guarantee. This involves directors or members acting as guarantors and agreeing to back the firm financially – often by a nominal amount such as £1.
Use of an "LTD": under normal circumstances, if a new limited enterprise is registered through Coddan's services, it will need to have the word "Limited" or "LTD" included in the company name, as required by the Companies Act 2006. Welsh companies can choose to use the equivalent word "Cyfyngedig" or the abbreviation "CYF" instead. However, some companies qualify for an exemption.
When can businesses avoid the use of LTD? Section 30 of the Companies Act 1985, and subsequently Section 60 of the Companies Act 2006, lists a number of instances where a business can avoid using the word "Limited" or the abbreviation "LTD" in its name, so long as certain criteria are met:
1. To begin with the company must be limited by guarantee, rather than being a firm limited by shares, a private unlimited company or a public limited company
2. The firm must also be concerned with promoting either science, art, education, charity, commerce, religion or a profession
3. Profits and income must be used to promote the company's objectives
4. Members must not receive dividends from the company
5. In the event of the enterprise being wound-up, remaining assets must be transferred to another organisation that either has similar objects or is concerned with the promotion of a charity.
As well as not having to include the word "Limited" in the company name, such firms are also exempt from requirements relating to the publication of the company name as well as the need to send the Registrar lists of members. There is also an exemption in place for companies that were limited by shares, on or before November 25, 1982, that were not required to include limited in their name due to holding a licence under section 19 of the Companies Act 1948. These companies would also need to comply with all of the above stipulations.
If you want to set-up a company limited by guarantee to be exempt from use of "Limited" in your company' name, we will produce a tailor made memorandum and articles of association for you which complies with the above requirements, for an additional fee of £50.00. If you want to create a company limited by guarantee in England, Wales, Scotland or North Ireland, please contact us for the further advice and consultation.