Charitable trust company formation in the UK: when you form a charitable trust company, you need to be sure that it's properly registered. With same-day charitable trust company formation and no paper forms to fill out, we make it easy to register a charitable trust company that meets all of the rules and regulations. However, what exactly is a charitable trust company? Charitable trusts require a trust deed. It's the typical way to operate a charity, and trustees are in charge of the charity's finances.
How do you form a charitable trust company? The process to register a charitable trust company can be time consuming, but with us it couldn't be simpler. You provide the details online and your charitable trust company is formed the very same day. Forming a charitable trust company in the UK, using Coddan service, ensures that you're within the limits of the law and are up to date with the requirements, rules and regulations.
NO HIDDEN CHARGES
This UK charitable trust company formation with business bank account is for customers, who have an address in the UK, & want to keep it simple, paper free, no hassle or gimmicks.
The following documents will be sending via e-mail upon the formation of a charity trust company:
NO HIDDEN COSTS
This charitable trust company formation in UK with bank account is for people who already have a UK registered address & require the basic charitable company formation plus additional documentation provided by e-mail & by post.
This charity trust company formation in UK offer includes all services mentioned in the first option, plus:
NO HIDDEN FEES
This is for customers who want all the traditional trappings of UK charitable trust company formation with bound documents.
This offer includes all charity trust company formation benefits mentioned in the first & the second options, plus:
ANNUAL FEES FROM £105.00
This charity trust company formation package especially for expatriates & UK residents, who are requiring forming a trust company with a registered address in London.
This charity trust company formation offer includes all benefits & items mentioned in the first & the second options, with the addition of:
ANNUAL FEES FROM £135.00
This charitable trust company formation is especially for non-UK residents, who are requiring forming a charitable trust company with a prestige legal address in London.
The following items are included into this charitable trust company formation offer:
ANNUAL FEES FROM £230.00
This charitable trust company formation especially for non-UK residents, who are requiring forming a charity trust with a registered address in London & a nominee secretary.
This charity trust company formation offer includes everything in the first option together, plus:
ANNUAL FEES FROM £580.00
This is one of the most popular charitable trust company formation offers with a nominee trustee, as an additional option to the nominee secretary.
This charity trust company formation offer includes everything in the second option, plus:
ANNUAL FEES FROM £580.00
This is our most comprehensive charitable trust company formation package with all documents verified by solicitor & certified by the Apostilled stamp.
This charity trust company formation includes everything in the third option, plus:
Charitable trusts are subject to certain rules - the trustees, for example, have to hold property on behalf of the charitable trust company and are responsible for signing documents on its behalf. If you form a charitable trust company, however, you have limited liability and the company itself can hold property and deal with documents and contracts.
A few things to know about setting up a charitable trust company: charitable trust companies have to be registered in multiple locations - at Companies House and the Charity Commission. They also have to report to both, and comply with both Company and Charity law. If your charity earns more than £5,000 a year then it needs to be registered with the Charity Commission. Charities of all size can allow their donors to claim Gift Aid, maximising the potential of donations.
Why choose us to register a charitable trust company? If you're running a charity trust company then your time and effort are best spent doing what you're passionate about, rather than filling in forms and sending documents to the relevant people. We enable you to focus on your charity whilst we make the paperwork as easy as possible. As a result, the process is quick and your charitable trust company will be set up within 24 hours, leaving you to benefit from your new setup and to continue raising money and working for your cause. Why not get started right now? There has never been a better time.
However, registering a charitable trust company can be complicated and demanding. Thankfully, the charitable trust company registration agents, who can carry out the charity trust company registration for customers. They will get your new charitable trust company incorporated whilst complying with all regulations & requirements, and they will usually provide a range of additional services in order to get your new non-profit business project off to the best possible start. As well as lodging all the necessary information and documentation to Companies House, new charitable trust companies formation for customers will often also include the provision of a registered office address - meaning your new charitable trust company can start trading within hours. Agents will ensure all documentation is completed and submitted according to regulations, and they will also offer other services designed to get your new charity trust company incorporated efficiently.
If you wish to form a charitable trust company in the UK, there are legal requirements you must adhere to in order to ensure that your Board of the Trustees and your charitable recipients are properly recognised and protected according to UK law. So, if need to register a charitable trust company, Coddan can help.
Hire a professional to establish a charity trust company: there are currently four UK charity structures: a 'charitable company', which must be registered with Companies House; an 'unincorporated charitable association'; a 'charitable incorporated organisation' (CIO); and a 'charitable trust'. A 'charitable trust' is a specific type of charity that is set up to enable a group of individuals, called "trustees", to manage assets such as money, investments, buildings or land to provide benefits to the public.
Many schools, societies and other groups are established as charitable trusts, and although there may be specific advantages of being set up this way, if you wish to create a charitable trust company, it must be registered in compliance with UK law before commencing operations.
Cut out the paperwork to setting up a charity trust company: our firm of charity law experts can help you establish a charitable trust company quickly and efficiently, without the need for lengthy form-filling. Using a paper-free process that is both secure and comprehensive, we can set your charitable trust up with minimum of fuss, so you can start to benefit straight away.
Our experienced team of UK charity law experts offers same-day charity trust company formation, giving you peace of mind and confidence to begin operations. The UK government requires specific documents to be submitted in the formation of a charitable trust; this is to ensure a transparent system for payment of taxes to HMRC.
If you're starting a company in the UK, then you should look at the advantages of registering a charitable trust. It isn't as complicated as you might think. Our company offers same-day formation with absolutely no paper forms to fill out. You can have a charitable trust up and running today.
A charitable trust company startup offers many advantages over a traditional limited company and is exceptionally tax efficient. Essentially charitable trust company formation offers complete protection from income tax, which is an inevitable part of life for individuals and companies. Both capital gains tax and council tax can also be avoided with charitable trust company registration and one of the few tax liabilities is VAT.
With a charitable trust the granter can reduce his taxable estate by transferring assets from a company or individual's name and donating them to the trust. Split-interest charitable trusts even allow the grantor to retain an official interest in the asset on paper.
As well as the trust itself, those who donate to it through Gift Aid don't have to pay tax on that amount and other companies who make a donation to the trust can reclaim the taxable part of the donation from HMRC. Donors can even avoid capital gains tax when they donate a property that has appreciated in value to the trust.
So there are a vast number of ways that the trust can be used as an effective vehicle to streamline your tax affairs. Charitable trusts are administered by trustees, who are not officially linked to the beneficiaries, too. This gives the trustees a great deal of freedom to run the trust and a comforting level of legal protection for all involved.
Charitable trust company formation is an attractive alternative to conventional corporate structures, and can bring a number of appealing financial advantages to your enterprise. Although care must be taken to ensure it is clear that the monies accrued by the organisation are being used in line with charitable aims and objectives, the wide definition of these is such that business owners can almost always ensure that their trust rewards their preferred beneficiaries. Discover below why a growing number of entrepreneurs are choosing to opt for charitable trust company registration.
Exempt from most major taxation: when a company has been constituted as a charitable trust, its income and profits are exempt from the majority of UK taxation. Capital gains tax, income tax and company tax do not need to paid on any of the monies or assets that a charitable trust enjoys, provided that they are being employed for charitable purposes, as set out in the corporate registration documents. Although charitable trust company incorporation can be a little tricky to undertake, we can help with every aspect of the process.
With the ability to set up a fully incorporated charitable trust in as little as a day, we have the necessary expertise to ensure your business has all the right paperwork in place for legal charitable operation.
Take advantage of Gift Aid: the taxation benefits of being a charitable trust extend beyond direct exemption from tax. Any monies that have previously been taxed that are subsequently paid to your organisation can be considered for Gift Aid. Under Gift Aid legislation, the tax paid on the donated cash is gifted over to your organisation. We can provide you with all the necessary information, as well as ensure that your business has all the appropriate paperwork in place to be a correctly constituted charitable trust.
Particularly when time is an important factor in setting up a charitable trust company start-up, the question of liability can be one that is easily overlooked. Unfortunately, without the right corporate structure in place, trustees could end up responsible for any liability that the organisation incurs, even if it is not their decision making that has led to the liability.
Obtaining the right advice for suitable charitable trust company establishment is essential to get the company set-up right, which is where we can help. Take a look at the services we provide at Coddan to new and emerging charitable trusts across the country.
Picking the right structure: the most common way for a business to avoid liability is to set it up as a charitable incorporated organisation. Company incorporation confirms the status of the business as a separate entity, with responsibility for its own liabilities and assets. This legal separation gives trustees and other interested parties the freedom to act in the charity's best interests without concern that their homes or personal assets will be put at risk should things go wrong. By becoming incorporated, a charitable trust can own assets, provide services and enter into contracts with other companies in a way that isn't so easy with other business forms.
Prompt, expert service: we can provide everything you need to get your charitable trust company formation off to a good start, quickly and easily. From assistance with writing your corporate aims and objectives through to production of the governing document and provision of appropriate contact details, we can oversee the whole process to ensure your charitable trust is swiftly up and running. If necessary, we can even open a suitable bank account and perform on-going administrative tasks, freeing you up to undertake other projects.
The significant tax benefits, as well as other freedoms from financial control, are key reasons for many people to incorporate a charitable trust company as a vehicle for the distribution and disposal of their income or assets. Like any other company formation, constituting a charitable trust correctly requires a range of documentation to be prepared and submitted to the appropriate bodies. If you're considering going down this route, take a look at what's needed to register a charitable trust company.
Charities commission: unless a charitable trust's income is less than £5,000 per annum, it needs to be registered with the charities commission in order to be eligible for the tax-free benefits charities enjoy. In order to apply for charitable status, you will need to provide bank account details, contact details, a governing document, a certificate of incorporation and evidence that income to the trust is more than £5,000 per annum. On the basis of this information, the charities commission will then decide whether to grant charitable trust status. Incorrect or missing information can delay the decision making process significantly, so it makes sense to ensure you get everything right first time.
Getting assistance: when you need to form a charitable trust company, obtaining the right assistance to get the job done properly can be a challenge. At Coddan, we have particular experience and skills in setting up charitable trusts for a wide variety of different endeavours. If you prefer your charitable endeavours to be a private matter, or are having difficulty framing your intentions into a suitably worded governing document, we can produce all the pieces of paperwork you need to ensure your company is correctly constituted and has everything in place to swiftly become a thriving charitable trust.
Many people considering charitable trust company formation find that some of the necessary information that is required for successful registration can be troublesome to provide. One requirement that presents considerable difficulties is the need to give a valid postal address. There are a number of valid reasons why some charitable trusts will find this difficult to comply with – perhaps the venture is being run from a residential address that the owners would prefer kept private, or maybe key individuals involved in running the enterprise live abroad, often in locations that make it difficult for documentation to reach them.
Luckily, there is a straight-forward solution to this problem that allows individuals to complete the charitable trust company registration process, including the provision of a suitable address, with minimal effort.
Employ an intermediary: our organisation specialises in providing fast, successful business incorporation and formation services. These include assistance with the compilation of necessary paperwork, such as trust deed and trustee declaration documents, setting up bank accounts and undertaking on-going administration.
We can also offer the services of a notary officer, who can act as a named contact for your charitable corporation, and a valid postal address to which official communications can be addressed. When requests for information are made from government bodies or other authorised agencies, we also have the capacity to assist your organisation in preparing appropriate responses.
When you're thinking about setting up a charitable trust company, it's always advisable to get expert advice at the outset and then professional assistance to register the new entity. That's where Coddan Ltd comes in, with quality formation services you can trust.
When you want to start up a charitable trust company in England and Wales, for example, you'll have to show what the purpose of your charitable organisation will be and how the public will stand to benefit from it. A number of types of charitable purpose are allowed in registering a trust - from education to poverty-relief and others – and Coddan Ltd can help you to work out which kind best suits your needs.
In setting up a charitable trust company, its aims must be approved by Companies House, the government body responsible for charitable trust companies registration, and we can assist in the process to make sure it's done right. All you really need to do is choose one of our charity registration packages, which you'll find are priced extremely competitively, and fill out our online application form. There, you can list all the details of your proposed charity, including its trustees, secretary and members.
When registration is complete - it can take less than 24 hours from the time we receive an application - we will provide you with all the official documentation you need, including the certificate of incorporation and charity memorandum and articles of association. At this stage we can offer you a free introduction to some of the leading banks so you can open a corporate bank account.
Over recent years, it has become more and more common for charities to register as companies. Charitable trusts are run under a 'trust deed' that sets out what the charity's aims are and how it is to be run and managed. The trust deed also sets out who will run the charity - the 'trustees'.
The recent trend towards trustees seeking charitable trust company formations has perhaps come about because of greater awareness of the benefits of incorporation for a charity. As with any business, incorporation means that the organisation takes on its own legal status. It becomes a 'body' or 'person' in the eyes of the law, capable of owning property and being responsible for its decisions. Of course, the trustees are still the same people as before incorporation, but they are no longer personally liable for anything that might happen to the company.
If you are a trustee of a charity, charitable trust company formation probably sounds like a very attractive prospect. The idea of setting up such a company might seem daunting, but in fact charitable trust company registration can be inexpensive and quick to achieve. It is possible to arrange same-day charity trust company formation with no paper forms to fill in. This leaves you free to get on with the day to day running of the charity with minimal disruption. Your status would change from trustee to director (you would still be a trustee for the purposes of the Charities Act) and you would be protected from debts or other liabilities - otherwise your role would remain unchanged.
It is important, though, that you have a plan in place for what will happen after your charity has been registered as a company. Coddan not only offers same-day, paperless trust company formation but also offers affordable options for services that you may need once your charitable trust company has been registered. Those services might include helping you to streamline your organisation to make it more efficient, shopping around for more cost-effective services, or arranging extra staff to whom you can delegate more duties to run the trust more efficiently. They can also help you to arrange business banking accounts, or offer accounting and tax services to save you time and money.
To find out more about how Coddan can help you before, during and after your charitable trust company registration, call on +44 (0) 207.935.5171 or email us.