A Limited by Guarantee Charity Company

For organisations looking for a full charity registration and limited liability this is the company for you.

 

A Limited by Guarantee Charity Company does not have share capital or shareholders.

Instead of shareholders a Limited by Guarantee Company will have subscribers, otherwise known as trustees or guarantors.

 

A Limited By Guarantee Charity Company follows the general style of a Limited by Guarantee Company but uses Articles approved by the Charity Commission.

In the event of the Company winding up, the Subscribers will be liable to pay a predetermined sum as stated in the Memorandum and Articles of the Company (usually £10.00).

 

Requirements

 

The Company is required to have a Registered Office Address in the UK.

You must appoint a minimum of 1 Director and 1 Subscriber / Member.

 

The Directors and Shareholders can be of any nationality and can be a corporate body or private individual.

 

There is a maximum of 50 Directors if incorporated electronically.

 

Although no share capital is held in the Company, at least one subscriber must be named