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COMPANY LIMITED BY GUARANTEECONSTITUTION concern WORLDWIDE (Incorporated on 8 December 1972) (As amended by Special Resolutions dated 27 May 2006, 10 October 2009, 11 December 2010, 28 May 2016, 26
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01
Decide on a suitable name for the company limited by guarantee.
02
Prepare the articles of association which outline the rules and regulations of the company.
03
Appoint directors who will be responsible for managing the company.
04
Decide on the guarantee amount each member will contribute in the event of the company's liquidation.
05
Register the company limited by guarantee with the appropriate government agency.

Who needs company limited by guarantee?

01
Non-profit organizations looking to operate as a legal entity while providing limited liability to its members.
02
Charities seeking to formalize their structure and protect their members from personal liability.
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A company limited by guarantee is a type of corporation where the liability of its members is limited to the amount that each member has agreed to contribute in the event of winding up.
Any organization that is set up with a non-profit or charitable purpose may choose to be structured as a company limited by guarantee.
To fill out a company limited by guarantee, you will need to complete the necessary forms and file them with the appropriate government agency.
The purpose of a company limited by guarantee is typically for non-profit or charitable organizations to have a separate legal entity that can enter into contracts and incur debts.
The information required to be reported on a company limited by guarantee includes details of the members, directors, registered office address, and financial accounts.
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