Company limited by guarantee incorporation
A company limited by guarantee is a private company where the liability of the members is limited to the amount of money they have paid to the organisation as a guarantee in case the company is wound up while they are a member or within one year of their ceasing to be a member. The amount that is guaranteed can be as little as £1.


A company limited by guarantee also has the following characteristics:

 

  1. primarily used by non-profit organisations, clubs, membership organisations, sports associations, workers' co-operatives and other organisations which require legal personality
  2. members don’t own the company and cannot participate in the company profits’ distribution through dividends
  3. members don’t have any claim upon the assets of the firm. However, as directors they have a right to decide about the firm’s future.


If you wish to start a company limited by guarantee, we’ll be happy to help you. Our professional and friendly team at RosettaPro will take care of all the formalities and make sure the registration process is as short as possible by:
 

  • checking if the name you have chosen for your company is available and in line with the company name rules
  • preparing incorporation documents, memorandum, articles of association and statutory registers
  • filing the documentation and required fees at Companies House
  • filing memorandum for Charity Commission acceptance (if required)
  • providing legal advice on the issues related to your company formation, obligations and duties
  • forwarding Certificate of Incorporation, statutory registers and six bound copies of the Memorandum and Articles of Association to your registered office address*.


Our service will save you hours of looking through complicated legal acts and spare yourself the necessary stress trying to compile and submit all the required documents.


Contact us to start your company registration now.


*RosettaPro provides company secretary and registered office services should you wish us to complete and file your Accounts and Annual Returns at Companies House, maintain statutory registers or provide a prestigious business address in the City of London in addition to mail forwarding facilities.