Company Limited by Guarantee
Who is it for?
It is aimed at groups of people who want to establish a corporate entity to raise money and promote the non-for-profit objectives of their organisation.
Features & Benefits of Company Limited by Guarantee Formation London
→ Adds transparency & gives you more credibility
→ Enables you to open a business bank account
→ Obtain Intellectual Property under the company name
→ Simplifies Charity Commission registration (applies to Charity packages only)
→ Your specific company objects will be listed in the Articles of Association at the time of incorporation
→ The company is registered without a share capital and its members act as guarantors instead of shareholders
→ The members’ liability is limited to a nominal amount that they agree to pay (usually £1) should the company be wound up
→ Enables you to open a business bank account
→ Obtain Intellectual Property under the company name
→ Simplifies Charity Commission registration (applies to Charity packages only)
→ Your specific company objects will be listed in the Articles of Association at the time of incorporation
→ The company is registered without a share capital and its members act as guarantors instead of shareholders
→ The members’ liability is limited to a nominal amount that they agree to pay (usually £1) should the company be wound up
Additional Information
→ Company details available for all to see on the Companies House database
→ Company name is listed in the Register of Companies maintained by Companies House
→ Company name is listed in the Register of Companies maintained by Companies House
A Limited by Guarantee Company can take on two forms:
→ A Charity Company, which commits its surplus to charitable causes
→ A Not for Profit Company such as an association, social club or a club
→ A Not for Profit Company such as an association, social club or a club
We are knowledgeable in setting up Charity and Not-for-Profit companies and have established a selection of specific Limited by Guarantee packages to suit your needs.
Proof of ID & Proof of Address
We are lawfully obliged to check proof of ID and proof of address for customers using our address services. This is to comply with the Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.