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Coddan CPM Ltd. – Company Registration Agent in the UK
Top Quality & Simple Company Formation Packages for British Professional Clients

U.K. Professional Clients

Best Value & Low-Priced Company Formation Packages for Private UK Based Clients

U.K. Private Customers

Great Value & Low-Cost Company Formation Packages for International Clients

International Clients

Company Formation Secretarial Agent & Legal Secretary Services

Secretarial Compliance

Setup and Filing UK Business Formation Private Limited Company Registration Company Limited by Guarantee vs Limited by Shares

Company Limited by Guarantee vs Limited by Shares


Our company limited by guarantee set-up packages for UK residents

Required steps & information to start a new company formation
£39.49

NO HIDDEN CHARGES

Check Before Getting Started

1
package

This company limited by guarantee formation with business bank account is for customers, who have an address in the UK, & want to keep it simple, and paper free.

The following documents will be sending via e-mail upon the registration of a company limited by guarantee:



£54.49

NO HIDDEN COSTS

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2
package

This company limited by guarantee registration is for people who already have a UK registered address & require the basic company set-up plus additional documentation provided by e-mail & send by post.

This company limited by guarantee formation offer includes everything mentioned in the first option, plus:



£97.49

NO HIDDEN FEES

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3
package

This package is for customers who want all the customary trappings of formal company limited by guarantee formation with great bound documents.

This offer includes all company set-up benefits cited in the previous options, plus:



£104.49

ANNUAL FEES FROM £75.00

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4
package

This company limited by guarantee registration package especially for expatriates & UK residents, who are requiring forming a company limited by guarantee with a registered office address for one year.

This offer includes all company formation benefits mentioned in the first & the second options, with the addition of:




Register a company limited by guarantee or a private company limited by shares

The company limited by guarantee has many similarities with the private limited company by shares (LTD). Both will be created at Companies House and both will receive a certificate of incorporation. Thereafter, both will have to submit annual accounts and filing annual returns. Both structures also offer the protection of limited liability. There are, however, significant differences between the two structures. Starting up a company limited by guarantee for the local or overseas customers! Setting-up a non-profit business in the United Kingdom involves choosing between various company structures and for many the company limited by guarantee is an attractive option. The company limited by guarantee has become established as a common structure for professional organisations, non-profitable businesses, but other entrepreneurs are now coming to appreciate the benefits of the structure.

If you've any questions then please get in touch with us! Mail: info@coddan.co.uk. 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.

 

Choosing a company limited by guarantee or a private company limited by shares

Differences between a limited company by shares and a company limited by guarantee: non-profit company does not have a share capital, while the private company limited by shares must have a share capital. The company limited by guarantee does not have to hold an annual general meeting. One significant difference is that companies limited by guarantee cannot issue shares. This can make it more difficult to raise finance as they cannot sell shares to raise capital. It can also be more difficult to construct an exit strategy and sell or transfer the assets of the company limited by guarantee.

If you are in the UK, or locating abroad, and thinking of registering a company limited by guarantee in UK, you need to speak to Coddan non-profit company formation expert. A company limited by guarantee has become an increasingly common alternative to the traditional limited companies and it offers a number of advantages.

Companies limited by guarantee protect the personal assets of those involved, as with a limited company by shares, your company limited by guarantee can maintain absolute fluidity and change according to the next project or even one-off job. A company limited by guarantee can buy property, obtain a credit rating, obtain finance and all manner of things a traditional entity can do. So if you think that the starting-up of a company limited by guarantee could be for you, get in touch with us today.

Simple company limited by guarantee formation offer

Starting Guarantee Company

Our electronic company limited by guarantee registration software has been approved by Registrar of Companies, and our new company limited by guarantee registration prices include all Companies Registry' fees and legal required documentation. Our company formation and post-incorporation system have been fully updated and are in compliance with the Companies Act, please be assured that you can set up a guarantee company through us with the professional confidence. Coddan is the London based, favorite and most successful expert offer quick, flexible & price reasonable registration of companies limited by guarantee across the England, Wales, Scotland, and Northern Ireland.

Company limited by guarantee formation & VAT registration: forming a new company limited by guarantee involves lodging documents with Companies House. This company limited by guarantee registration process can be completed quickly and legally by allowing ust to open your company limiyed by guarantee in a matter of hours. However, new incorporated companies limited by guarantee should also apply for VAT number, if their revenues exceed the threshold as laid out by HMRC. There is more than one way to arrange your company's VAT registration, including nominating directors to take responsibility.

However, choosing which method of VAT management is best for your new company limited by guarantee is a complex decision, but relying on the expertise and experience of an company formation expert can help you to make the right decision. If you need an assistance with a company limited by guarantee set-up in the UK, you can also speak to our advisors between 9.30am-6.00pm Monday to Friday by telephoning +44 (0) 207.935.5171 or +44 (0) 330.808.0089 (national rates).

Forming a company limited by guarantee in the UK

UK Guarantee Company Set-Up

Companies limited by guarantee are private limited companies where the liability of the members is limited. The limitation of liability takes the form of a member guaranteeing to pay a nominal sum (£1.00 commonly) in the event of the company being wound up while they are a member or within one year of their ceasing to be a member.

Like a company limited by shares, a company limited by guarantee requires to be established at Companies House through the submission of various statutory forms and its constitutional documents - the memorandum and articles of association. It is only once the certificate of incorporation is issued that the company comes into existence. Guarantee companies can apply for exemption of the use of the word "limited" from the company name provided the detailed requirements of section 30 of the Companies Act have been met. If it is intended to set-up a company limited by guarantee for charitable purposes the objects of the company must be charitable.

No shares are issued. This type of limited company has members. The members agree to contribute a membership fee or subscription, normally have equal voting rights and elect a board of directors. Any profits (often known as "surpluses") are not distributed as dividends, but may be used to support the activities for which the guarantee company is set-up.