Our service provides everything you need to register a Company Limited by Guarantee.
*We will draft amendments to our model memorandum and articles of association to your requirements for a small additional fee and have registered companies limited by guarantee including amendments required by:
A private Company Limited by Guarantee does not have shareholders, but instead, its members act as ‘guarantors’ who agree to contribute a set amount of money on the winding up of the Company.
Generally speaking, because of this design the Company will not distribute its profits to its members as it would if it was a normal limited company with shareholders. This is why this sort of company is most commonly used to start a charity or for members clubs.