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(Model approved by Charities Branch, Inland Revenue, 30.09.03 ref: CR56456 (Model Doc)/CDW)THE COMPANIES ACT 1985 (as amended) Company limited by guarantee and not having a share capitalMEMORANDUM

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How to fill out company limited by guarantee

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Choose a unique name for the company limited by guarantee.

02

Draft the memorandum of association, which includes details such as the name of the company, the location of the registered office, and the guarantee amount that each member agrees to contribute in the event of the company's liquidation.

03

Prepare the articles of association, which outline the internal rules and regulations of the company.

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Appoint directors and a company secretary.

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Register the company with the relevant government authorities.

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Obtain a certificate of incorporation, which marks the official formation of the company limited by guarantee.

Who needs company limited by guarantee?

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Non-profit organizations

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Clubs and societies

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Community interest companies

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What is company limited by guarantee?

A company limited by guarantee is a type of corporation that does not have share capital but is instead funded by guarantees provided by its members.

Who is required to file company limited by guarantee?

Company limited by guarantee is required to file by organizations or companies that are set up for non-profit purposes, such as charities, clubs, or other similar organizations.

How to fill out company limited by guarantee?

To fill out a company limited by guarantee, you will need to provide information about the organization's members, directors, financial statements, and any other required documentation according to the regulations.

What is the purpose of company limited by guarantee?

The purpose of a company limited by guarantee is to provide a legal structure for non-profit organizations to operate and carry out their activities while limiting the liability of its members.

What information must be reported on company limited by guarantee?

Information that must be reported on a company limited by guarantee includes details about the organization's members, directors, financial statements, and any changes in the structure of the organization.

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