There are a few different legal structures which can be used when carrying out a charity formation. However, the most common is forming a Company Limited By Guarantee. Due to the nature of charities, companies limited by shares are excluded from use in charity formation as their objects will not be purely charitable.
In order to register, the Charity Commission requires that a “Non-Profit” clause is drafted into the company’s constitution. This allows a newly formed charity to be able to demonstrate that the company’s aims are for the public benefit.
Charity Formation Service
Our Charity Formation service provides everything you need (and more) to set– up a charity company. We will do the following:
Form the charity company for you
Draft all the necessary documents on your behalf
Produce the legally appropriate memorandum and articles of association including “charitable objects”
Provide you with FREE advice and support
Charitable Company Formation from £149(+Vat)