CLG Formation for Property Business.
Establish a UK Company Limited by Guarantee for Your Property Organisation.
Understand whether a Company Limited by Guarantee is appropriate for your property activities, membership arrangements and intended organisational structure.
- Choose the appropriate structure: Consider whether a CLG fits your proposed property organisation, its purpose and the way it will operate.
- Understand the membership model: A CLG has members who give a guarantee rather than shareholders holding shares, making its structure different from a company limited by shares.
- Prepare the company formation: Provide the proposed company name, directors, members or guarantors, and the relevant information about the organisation and its intended activities.
- Consider the constitutional requirements: Ensure that the proposed company’s objects and constitutional arrangements are considered in light of its intended purpose and governance.
- Understand the distinction between non-profit and charitable status: Incorporating a CLG does not automatically make the company a registered charity. Any separate charity-registration requirements must be considered independently.
- Professional formation support: Coddan, an Authorised Corporate Service Provider (ACSP), can assist with the appropriate CLG formation process, including relevant identity-verification requirements and submission to Companies House.


9.30 am – 6.00 pm GMT
Monday-Friday
info@coddan.co.uk






















































