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Company limited by guarantee formation is typically the first step in starting a non-profit organisation. To establish your unprofitable entity, you will need to be registered with the Companies House. Why to create a company limited by guarantee? First of all, to have a formal corporate structure which gives the credibility to your services. The company limited by guarantee structure limits the liability of the officers and directors.
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
Formation of a company limited by guarantee in England, Wales, Scotland or Northern Ireland within a few hours! You can apply to be exempt from a "Limited" name. You can open a non-profit company with us by using your own constitution documents if needed.
These documents you will get upon the company limited by guarantee formation:
NO HIDDEN COSTS
Create a company limited by guarantee in a few hours! You can apply to be exempt from a "Limited" name. You can establish a non-profitable entity with us by using your own constitution documents if needed.
This current non-profit organisation startup offer covers everything quoted in the option one, plus you will receive:
NO HIDDEN FEES
Register a company limited by guarantee in a few hours! You can apply to be exempt from a "Limited" name. You can establish a company limited by guarantee with us by using your own constitution documents if needed.
This offer provides all previously mentioned the none-for profit company formation benefits, plus:
ANNUAL FEES FROM £75.00
Establish a non-profitable organisation with our address in London in a few hours! You can apply to be exempt from a "Limited" name. You can incorporate a non-profitable association with us by using your own constitution documents if needed.
This company limited by guarantee establishment package covers all benefits mentioned the second option, with additional extra of:
ANNUAL FEES FROM £105.00
Forming a company limited by guarantee with our address in London in a few hours! You can apply to be exempt from a "Limited" name. You can assign many additional services for this package.
The following benefits are included and will be available upon the non-profit corporation start-up:
Establish a company limited by guarantee in the UK: if you are looking to start a charity or other organisation limited by guarantee in the United Kingdom, then you should consider registering a limited company by guarantee. The method is popular because it enables bodies to retain their non-profit status while at the same time being able to enjoy some of the benefits that private companies have access to. For example, limited companies by guarantee can purchase assets and property and enter into contracts, but they do not have shareholders. Forming a company limited by guarantee can be done in as little as one or five hours with Coddan's expert assistance. We have a dedicated telephone line for guarantee companies registration enquiries and our packages can be tailored to suit every needs. Talk to our expert consultants today: + 44 (0) 207.935.5171 or +44 (0) 330.808.0089.
Starting-up a company limited by guarantee with Coddan: every company that trades in the Great Britain must choose its own corporate structure. In the majority of cases, the business owners will either run their operation as a sole trader, a limited partnership, limited liability partnership, or establish a limited company. In the case of the latter, the liability of the company's directors or shareholders is strictly limited and their personal finances are not at risk in the event of insolvency.
A limited company is most commonly limited by shares, with directors or shareholders only being liable for any shares they own but have not yet paid for. There are other options however, one of which is to limit a company by guarantee. If you are looking to start a charitable company or other non-profitable organisation in the United Kingdom, then you should consider registering a company limited by guarantee. The method is popular because it enables bodies to retain their non-profit status while at the same time being able to enjoy some of the benefits that private companies have access.
If you wish to establish or create a company limited by guarantee, we can assist! We can open a non-profit organisation from one to four hours during the business day; we can help you to create a business relation with the top banks across the United Kingdom. We also serving international customers who are willing to establish a company limited by guarantee. We can provide one of our domiciled addresses in London, Liverpool, Manchester and Sussex upon a new company limited by guarantee formation.
For centuries, limited companies have been an established way to protect investors from personal risk in the event of the company defaulting on its debt. The essential concept is simple. A private company limited by guarantee can choose to have only one general member, who undertakes most of the operational tasks of the non-profit company, and limited members whose role is limited to providing investment and whose personal liability is limited to the total that they have invested.
Companies limited by guarantee are suited to groups wishing to fulfil a charitable or social function without the risk of financial liability. Below is a brief guide to starting one.
Registering a company limited by guarantee allows members to limit the financial liabilities to a guarantee agreed at the time of establishment, often £1. This allows a guarantee company to focus on its key mission. To set-up as a company limited by guarantee, one director and at least one member are required (although the director could in theory hold both roles). The guarantee company can then be registered at Companies House.
If a company limited by guarantee is set to operate as a charity, it must similarly incorporate at Companies House, but should also register with the Charities Commission. In this case, the guarantee company should have at least three members, to be known as 'trustees', in addition to a director and member as stipulated above.
Regardless of the nature of the business structure, a company limited by guarantee will not be able to issue shares and therefore no steps in this direction are necessary.
The company limited by guarantee itself will need a registered office address, details of which must be made available to the public. The company limited by guarantee must have two important pieces of the paperwork: a memorandum of association, and articles of association. Guarantee company formation experts like Coddan can help immeasurably with these documents. The first should detail a company's particulars, the level of its liability guarantee and its aims, social or otherwise.