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COMMONWEALTH OF THE BAHAMAS New Providence The Companies Act, 1992 NONPROFIT COMPANY LIMITED BY GUARANTEE ARTICLES OF ASSOCIATION OF THE HONORARY CONSULAR CORPS IN THE COMMONWEALTH OF THE BAHAMAS
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What is non-profit company limited by?
A non-profit company limited by guarantee is limited by the guarantee of its members, who agree to contribute a nominal amount in the event of the company being wound up.
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Non-profit companies limited by guarantee are required to file annual returns with the relevant government authority, such as the Companies House in the UK.
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To fill out a non-profit company limited by guarantee, you will need to provide information about the company's members, directors, financial accounts, and activities.
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The purpose of a non-profit company limited by guarantee is to operate for the public benefit, rather than for the financial gain of its members.
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Information that must be reported on a non-profit company limited by guarantee includes details of the company's activities, accounts, directors, and members.
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