COMPANIES LIMITED BY GUARANTEE
This is the type of company commonly used for a club or an association. This will have limited liability - the liability of its members being limited to the amount each member undertakes to contribute to the assets of the company in the event of its being wound up, normally £10.
Very often this type of company will eventually register itself as a Charity with the Charity Commission and if you are considering this course of action we can prepare the Memorandum and Articles with this in mind, but please advise us when you order.
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 club is formed.
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Our charge for forming a Guarantee company is £150.00 inclusive of all fees & VAT
After adding this Guarantee formation pack to your Basket please complete the following short form to enable us to process your order
Guarantee Company Additional Details Form
If you have ordered a GUARANTEE COMPANY PACK please supply the following additional details: |
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