International customers - Limited by guarantee company formation package £199

Who is this package suitable for?

This package is suitable for our international customers (non-UK residents) who wants to form a limited by Guarantee company in the UK. This package includes registered office address and virtual business address for you and so you can register your limited by guarantee company from wherever you are.

What is a limited by guarantee company?

A company limited by guarantee (LBG) is an alternative type of company used primarily for non-profit organisations. A company limited by guarantee does not usually have a shares or shareholders, but instead has members who act as guarantors.

Why should I choose this LBG package?

This package is ideal for anyone setting up a non-profit company (ex: membership organisations, clubs, workers’ co-operative or sports association).

What are the benefits of forming a limited by guarantee company?

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. Hence, LBG structure is very popular for non-profit organisations.

How is the guarantor different from a shareholder?

The main difference between the guarantor and share-holder is that a share-holder would take profits from the company whereas the guarantor will not take profits (under normal circumstances). All the profits are usually re-invested back into the company.

What type of memorandum &articles will be used for setting up the limited by guarantee company?

You can use one of the three different types of articles available for registering your company. The three different article types available are generic limited by guarantee memorandum & articles, charity memorandum &articles or flat management articles. You can choose any one of the three available articles.