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This package is suitable for international customers (non-UK residents) who want to form a limited by guarantee company in the UK. This package includes a registered office address and virtual business address, allowing you to register and run your limited by guarantee company from wherever you are.
When you register a company , you may come across a number of different terms, but we’re here to help! A company limited by guarantee (LBG) is an alternative type of company structure used primarily by non-profit organisations. A company that is limited by guarantee does not usually have shares or shareholders but instead has members who act as guarantors.
This package is ideal for anyone setting up a non-profit company, such as membership organisations, clubs, and workers’ co-operative or sports associations.
A limited by guarantee company provides limited financial liability to the company owners (guarantors). This means their personal finances are legally protected if the company encounters financial difficulties or gets sued, making it a popular and secure option for non-profit organisations.
The main difference between a guarantor and shareholder is that a shareholder would take profits from the company. A guarantor, under normal circumstances, will not take profits, and instead, any profit is re-invested into the company.
You can use one of the three different types of articles of association available for registering your company. The three different article types are generic limited by guarantee memorandum and articles, charity memorandum and articles , or flat management articles .
Are you a non-profit looking to set up a limited by guarantee company? Let Mint Formations handle the process for you and receive ongoing support for your business, no matter where you are in the world.
Set up a limited by guarantee company todayCall Now: +44 (0) 207 112 8684
Just call us and speak with our friendly company registration expert. We will complete your order by phone or guide you step by step.
020 7112 8684