Get the free and limited by guarantee - cgcc org

Incorporated in Hong Kong and limited by guarantee 24-25 4 4×F, 24-25 Conn aught Road Central, Hong Kong Tel: 2525 6385 Fax: 2845 2610 E-mail: CCC.org.HK Website: HTTP://www.cgcc.org.hk Incorporated

How to fill out and limited by guarantee

How to fill out an limited by guarantee:

1. Start by obtaining the necessary documents: You will need the memorandum and articles of association, as well as the application form for registering a company limited by guarantee. These documents can usually be obtained from the relevant government or company registration authority.
2. Provide the required information: The application form will ask for details such as the proposed company name, registered office address, details of the guarantors (members) including their names and addresses, and the objects/purpose of the company. Make sure to provide accurate and complete information.
3. Complete the memorandum and articles of association: The memorandum of association outlines the guarantors' agreement to contribute a certain amount towards company liabilities. The articles of association, on the other hand, cover the rules governing the internal management of the company. Fill out these documents according to the provided guidelines, ensuring compliance with legal requirements.
4. Pay the necessary fees: There may be registration fees associated with forming a company limited by guarantee. Make sure to pay these fees as instructed by the relevant authority.
5. Submit the application: Once all the required documents are filled out correctly and the necessary fees are paid, submit the application to the appropriate registration authority. Follow any additional instructions provided by the authority to ensure a smooth application process.

Who needs a company limited by guarantee:

1. Non-profit organizations: Many non-profit organizations, charities, and social enterprises choose to adopt the structure of a company limited by guarantee. This allows them to operate as a legal entity that is separate from its members and provides limited liability protection to those involved.
2. Clubs and associations: Sports clubs, social clubs, and other types of associations often opt for a company limited by guarantee structure. It provides a formal legal framework for the organization and offers liability protection for its members.
3. Educational institutions: Schools, colleges, and universities may also choose to be structured as companies limited by guarantee. This allows them to have a separate legal entity for financial and liability purposes, ensuring better governance and protection for members.

Overall, anyone looking for a legal entity structure that provides limited liability protection and a formal framework for their organization may consider forming a company limited by guarantee. It is always recommended to seek professional advice to determine whether this structure is suitable for your specific circumstances.

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What is and limited by guarantee?

A company limited by guarantee is a type of corporation where its members' liability is limited to the amount they agree to contribute if the company is wound up.

Who is required to file and limited by guarantee?

Companies that are incorporated as a company limited by guarantee are required to file certain documents with the relevant government authorities.

How to fill out and limited by guarantee?

To fill out and file as a company limited by guarantee, you must provide information about the company's guarantors and their agreed contribution amounts.

What is the purpose of and limited by guarantee?

The purpose of a company limited by guarantee is often for charitable, non-profit, or community organizations where members do not want personal liability for the company's debts.

What information must be reported on and limited by guarantee?

The information to be reported on a company limited by guarantee includes details of guarantors, directors, secretary, registered office address, and any changes to the company's constitution.