Register UK Company Limited by Guarantee

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Guarantee Company (or Private Company limited by Guarantee) - is a private company that has no share capital and no shareholders. Instead it has mambers (guarantors) that give an undertaking to contribute a nominal amount (typically very small) in the event of the winding up of the company. It is often believed that it cannot distribute its profits to its members but (depending on the provisions of the articles) this is not actually true. However a company limited by guarantee that distributes its profits to members would not be eligible for charitable status.

 

Like a private company limited by shares, a company limited by guarantee must include the suffix "Limited" in its name, except in circumstances specifically excluded by law. One condition of this exclusion is that the company does not distribute profits.


Register UK company limited by guarantee

(England & Wales or Scotland)



 


£40

What you get for this price.

 

When you just register a company using your own address and your own Directors and Shareholders the following documents will be sent to you electronically by e-mail from us:

 

  1. Same day company registration (if submitted before 11am)
  2. Certificate of Incorporation (paper original)
  3. Memorandum and Articles of Association (paper original)
  4. Minutes of the first meeting of Members (paper original)
  5. Share Certificate (paper original)
  6. Combined Register of members (paper original)

 


Common uses of guarantee companies include clubs, membership organisations, including students' unions, residential property management companies, sports associations, workers' co-operatives, other social enterprises, non-governmental organizations (NGOs) and charities.

 

A community interest company (CIC) is a new type of company introduced by the United Kingdom government in 2005 under the Companies (Audit, Investigations and Community Enterprise) Act 2004, designed for social enterprises that want to use their profits and assets for the public good. CICs are intended to be easy to set up, with all the flexibility and certainty of the company form, but with some special features to ensure they are working for the benefit of the community.


Minimum requirements to register a company in UK limited by guarantee

  • registered address in the UK

This can be your own address or you can use one of ours. Please, specify in the order form which of our addresses (if and) you're going to use. Please, note the address you are going to use (either your own or one of our addresses) will be known to goverment bodies and will be used by tax office in case they need to contact you. Therefore it may be a good idea to use one of our registered offices if you do not have physical office in the UK but rather going to use your home address.

  • one member/guarantor (natural person or corporation)

Minimum one guarantor required and it can be a corporate shareholder too. You are not limited however to a maximum number of guarantors at all and you can have a mixture of both types of mambers/guarantors.

  • one director (at least one director - a natural person)

You must have at least one director a natural person, however there is no limit to a maximum number of directors you could have in your company as long as at least one of them is an individual.


Additionally you may order

 

Registration address in the UK

General Mailing address in the UK

 

Hard bound copy of company documents

Apostilled set of company documents

Certificate of Good Standing

Nominee Director/Secretary

Nominee Shareholder

 

Rubber Stamp

Pliers Seal

Desk Embossing Seal

 

Prices are on the right hand side column

 

Please, specify in the order form which of the above or other services you require.

 


Additional Info

 

Certified and Appostiled documents

 

If you need to use your documents to open a branch outside of the UK or to open a bank account in a foreign bank you will need your documents to be appostiled. Please, specify on the order form if any of the documents need to be appostiled at a time of the order to avoid delays in future. You may, however order appostiled copied of any of your company documents any time after registration of the company.

 

About Nominee services

 

By using nominee Members you will avoid your name to be visible to general public as a beneficiary of the company through Company Registrar. Instead, the name of the nominee will be displayed as a member. You will get General Powers of Attorney that will enable you to conduct business on behalf of your partnership and sign any documents as you would do if you were a Member yourself. Your name will only appear in our Nominee Services Agreement which is an internal document kept in our files and your files.

 

Some questions that you might have before registering Guarantee Company to become a Charity

 

Definition of charitable organization

 

A charity in England and Wales is a particular type of voluntary organization set up for charitable, social, philanthropic or other purposes. It is required to use any profit or surplus only for the organization's purposes, and it is not a part of any governing department, local authority or other statutory body.

 

Guarantee Company acting as a Charity


A company limited by guarantee is a useful structure for a charity where it is desirable for the Trustees to have the protection of limited liability. Also, the charity has a clear legal identity, and so can enter into contracts, such as employment contracts in its own name.

 

Taxation of Charities

 

Charitable organisations, including charitable trusts, are eligible for a complex set of reliefs and exemptions from taxation in the UK. These include reliefs and exemptions in relation to income tax, capital gains tax, inheritance tax, stamp duty land tax and value added tax.

 




Due Diligence (click here to read)