This non-profit company formation with bank account package is for UK residents, who have a valid address in the UK, and want the simplest offer with documents produced electronically.
The following documents will be sending via e-mail upon the registration of nonprofit company:
The certificate of incorporation;
The memorandum & articles of association;
The fast-track corporate bank account with HSBC or Barclays (which is optional).
£54.49
No annual charges
This is the basic company limited by guarantee registration with Barclays or HSBC bank account (optional) package for UK customers, who have an address in the UK, with additional documents produced electronically. The laminated certificate will be send by post.
This guarantee company incorporation offer includes all services mentioned in the first option, plus:
The meeting of the board of directors;
Membership certificates;
The company' register;
The laminated certificate of incorporation (free delivery).
£97.49
No annual charges
This is one of our favourite non-profit company registration with guaranteed business bank account (optional) for the UK based residents.
The third option includes all incorporation benefits & items mentioned in the second option, plus free delivery of:
One set of the memorandum and articles of association with a company's registers printed & top-notch bound;
The first meeting of the board of directors, elegant printed membership' certificates & the rubber stamp;
The certificate of the beneficial owner.
£104.49
Annual fees from £75.00
This is the MOST POPULAR company limited by guarantee set-up packages for such British customers & expatriates who are looking to create a company with registered office address in London.
This non-profit company formation offer includes all company registration benefits & items mentioned into the SECOND OPTION, plus the provision of:
The registered office address in London;
The government mail forwarding;
The secretarial compliance service & the certificate of the registered office address.
£134.49
Annual fees from £105.00
This company incorporation package for non-UK customers comes with the registered office address in London and the company's secretarial compliance service for one year.
The following items are included in to this offer:
The certificate of incorporation, the memorandum & articles;
The company's registers, membership' certificates & meeting of the board of directors;
The registered office address;
The government mail forwarding & the secretarial compliance service.
£484.49
Annual fees from £455.00
This is one of the very favourite non-profit company registration packages for non-UK customers, who wish to appoint a nominee director in order to maintain the anonymity, & free consultation with our accountant.
This company incorporation offer includes all services mentioned in the first option, plus the following:
The provision of a nominee director;
The signed power of attorney;
The signed, undated resignation letter from a nominee director;
The agreement for the provision of the nominee service.
£634.49
Annual fees from £605.00
This is one of the most popular company creation packages for non-UK customers, who wish to appoint a nominee member as an additional to the nominee director, & free consultation with our certified accountant.
This company setting-up offer includes all services mentioned in the second option, plus the following:
The provision of a nominee member service for one year;
The declaration of trust dully signed by a nominee member;
The certificate of the beneficial owner.
£794.49
Annual fees from £605.00
This is the MOST OPTIMAL non-profit company incorporation package in the UK market for such non-UK customers, who wish to legalise all corporate documents by a Notary Public and certify them by the Apostille stamp.
This non-profit company formation offer includes all services mentioned in the third option, plus:
The certification of all corporate documents incl. the power of attorney by a Notary Public & the final verification of documents by the Apostille.
Free corporate & the attorney in law' rubber stamps.
Further Information
Once you have provided some basic information about the charitable company intended registered office, setting non-resident company, registering charity company limited by guarantee London and incorporation company United Kingdom. Shareholders and directors, we will take care of producing and completing the relevant minutes, statutory registers and forms. We will also ensure that all the necessary documents are filed correctly with the Registrar of Companies. We also offer a full secure online company limited by guarantee ordering service so you can get your charitable company formation underway immediately. Additionally, we offer a free interactive facility to allow you to check the availability of your proposed company name. This way you will know whether your desired company name is available before we begin the company limited by guarantee registration process Great Britain.
If you are researching company limited by guarantee incorporation on the internet there are various related terms you may wish to try such as limited by guarantee company creation for UK-non residents, English company establishment non-resident, Great Britain business formation agents, forming non-Scottish resident companies online, non-British resident limited liability company registration, setting new business Scotland. If you are seeking London company start-up services for non-British residents you may wish to enquire whether your proposed enterprise formation agent or Edinburgh corporation filing system will be transferring an existing Glasgow registered company (i.e. a shelf company) to you or forming a brand new company for you. If you are forming London company, you should ask the non-English resident business establishment service if you will be receiving all of the required company registers etc, open non-resident company. Setting business, set-up your small business company, buy incorporated company, bank account, VAT registered, nominee secretary and nominee director services, Ireland, Irish and Republic or Ireland.
Formation of UK Guarantee and Charitable Companies
. Charity companies are companies limited by guarantee, set up with charitable aims. The main differences between a guarantee company and a company with shares are: its members do not receive share certificates and whilst they control the guarantee company, through decisions taken by them at General Meetings, they do each not own a proportionate part of the guarantee company. The guarantors give an undertaking to contribute a nominal amount towards the winding up of the company in the event of a shortfall upon cessation of business.
A charity's name is a valuable asset. Its value comes from the confidence that people have in the charity - confidence that is built on the reputation the charity has gained through its achievements and its status as a charity. Charity trustees have a duty to make the best use of their charity's assets - in practice this means putting assets to work to the best overall advantage of the charity, whilst safeguarding them against damage or loss of value. One legitimate way of taking advantage of the value in a charity's name is to allow it to be used by, or associated with, a commercial company or product in return for a specified financial or other benefit. The income and profits from many of the fund-raising agreements between charities and commercial companies fall within the scope of income or corporation tax charges. The reliefs available to charities have been extended in the Chancellor's Budget Statement of 21 March 2000, but these will not apply in all situations. This means that if the agreement is made directly between the charity and the commercial company, the charity's income or profits from the agreement may be taxed. It may be possible to obtain relief from tax by establishing the fund-raising agreement between the commercial company and a charity's subsidiary trading company (rather than the charity itself). We recommend that all charities seek advice either from professional advisers or from the tax authorities before entering into commercial agreements involving the use of the charity's name or logo.
Non-profit company formations usually completed in 6-8 hours using Companies House online guarantee company registration services. Our methods rely heavily on information-searches made by electronic means, either from local disks and servers, or from specialised, restricted-access websites. Coddan CPM is able to arrange tax planning and structured corporate advice and solutions, utilising the advantages of double tax treaties, trusts and partnerships along with other structures and support. Once you have received your company, feel free to call us if you have any questions about the paperwork. We can also supply non-standard items such as company' seals and extra copies of forms and the Memorandum & Articles of Association.
This package includes all needed services for the registration & keeping a non-profit company dormant for the first year.
Pay £300.00 now and £350.00 eleven months after.
The registration of a company limited by guarantee (the government fee for the incorporation of a company is included).
The provision of the registered office address for a dormant company at the Baker Street in London.
The provision of a nominee secretary to protect the director(s) responsibility.
The initial registration of your company as a dormant with the HMRC.
We will act as the tax agent with the HMRC for your behalf.
The government mail forwarding to your own address in the UK or overseas.
We will keep your company registers at the registered office address.
The preparation of the annual return and year-end dormant account and its submission with the Companies Registrar and Inland Revenue.
The certificate of incumbency; and
The certificate of non-trading (at the end of the year).
In the second year of business, you'll need to pay £350.00 only.
COMPANIES LIMITED BY GUARANTEE, INFORMATION ON GUARANTEE COMPANIES REGISTRATION. CHARITIES & FUND-RAISING
Charity Companies are Companies Limited by Guarantee, set up with charitable aims. Your Charity Company may raise funds but may not "permanently trade"). Earnings are dedicated to the company’s "charitable objects". ( NB It is common for Charities to form Trading Companies to "permanently trade" and create extra earnings for the charity). It will instead have members (trustees), who have agreed to oversee the running of the company and to subscribe to a nominal guarantee. Your liability as a trustee (member) is limited to the nominal guarantee (usually 1.00).
Each trustee has just one vote. As a Charity, you will need approval from the Charity Commission. They recommend that you register the company before formally applying for charitable status. However it is wise to visit their website as you are formulating your ideas. The Charity Commission is the regulator and registrar of Charities in England and Wales. They aim to help Charities perform effectively, and monitor their compliance. A charity registration implies credibility and integrity for your company. If you wish to use the word "Charity" as part of your company name, Companies House may require prior, written approval from the Charity Commission.
Dear Visitors, if you want to become familiar with the description and the contents of British guarantee company registration packages, offered by Coddan and to find above, what kind of service is included in this or that English guarantee company incorporation package, to get an idea about the price of annual renewal of the service, and about the general legal requirements to the UK non-profit company incorporation, please, select the package you need from the list, situated below the banner. The information in the banner will be renewed according to the package you've chosen.
Important Links
Our fee for registering a company limited by guarantee is ONLY £42.00. This type of company is normally incorporated for non-profit making functions. The company has no share capital. Common uses of guarantee companies include clubs, membership organisations, sports associations and charities. When first setting-up a business there are many issues to consider. You need to decide whether or not to incorporate your business, and to choose a structure for your business. There are several types of legal business entities which you can choose to operate as. For more information on these choices, follow the links below. We advise that professional legal and financial advice is obtained before a final choice of business entity is made.
Coddan is a leading service provider in the field of English, Scottish and Irish company formation and company registration. We can help you in starting a business in England, Wales Scotland & Northern Ireland. Over 95% of our companies are incorporated within 4-8 hours. The electronic submission of information enables a fast company start-up satisfying all of the required legal formalities: a director, a secretary, a registered office and shareholders. Our electronic filing software has been approved by Companies House.
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Dear visitors, while having a chat session with a customer, we are frequently requested to give a piece of advice on tax planning or business structuring. We would like to inform you that it is against our principles to provide online advice pertaining to these issues. The points that may be covered during a session include service description, package or service price, navigation at our website, ways of making an order, methods of payment etc. Yet, if you wish us to provide you with advice on tax or business structuring, you should be aware that this service is chargeable.
Choosing How To Fund-Raise The choice of fund-raising methods is a matter for trustees to decide. However, charities need to be alert and sensitive to public opinion and criticism. Fund-raising methods which meet with disapproval can damage the charity and reduce public confidence in the sector as a whole.
It is essential to spend time before undertaking any fund-raising exercise to develop a strategy: some forms of fund-raising can be costly and it is important to be sure that the costs will be justified in terms of a realistic return. The strategy will need to cover the following points.
The need for funds - are funds required for a special project or part of the charity's rolling programme of work? How much is needed? Would it be possible to collaborate with other charities operating in the same field to meet the need?
Possible sources of funding - for example, grants from local or central Government, grant-making charities or companies.
The resources available to support fund-raising - fund-raising costs money. Costs can range from producing appeal literature to employing a professional fund-raiser and organising fund-raising events.
The proportion of gross receipts which will be left after fund-raising costs have been met. We strongly recommend that trustees agree, in advance, the likely proportion of the gross receipts which will be spent on the costs of fund-raising. Actual performance needs to be monitored against that target and the trustees should satisfy themselves that the expenditure is justified.
Before committing expenditure to fund-raising it may be useful to obtain advice from an appropriate professional or specialist. The Institute of Fund-raising and the National Council for Voluntary Organisations keep lists of freelance fund-raisers and consultants. The Wales Council for Voluntary Action holds a database of trainers and consultants.
Accounting For Fund-Raising
The costs of fund-raising are a legitimate matter of public interest. Trustees should ensure that these costs are shown properly in the accounts. They include publicity costs associated with fund-raising or raising the profile of the charity. They do not include costs of purely educational material produced by the charity as a way of achieving its purposes.
Appeals For Funds Whatever type of appeal is chosen by trustees to raise funds there are certain points which trustees should bear in mind.
The purpose of the appeal should be clearly expressed. Where the appeal is for general funds then any specific project mentioned in the appeal document should be clearly identified as an example of the charity's work. Care needs to be taken so as not to mislead donors into thinking that their money will only be used for a particular project identified in the appeal literature where this is not the case.
If the appeal is for a specific project then it is very important that there are plans to deal with any unspent money and that these are reflected in the fund-raising document. This will enable trustees to deal with any surplus funds that are raised over the appeal target or if the appeal fails to apply the money which was raised.
We recommend that any funds raised for a special appeal be accounted for separately. One way to do this is to arrange for a separate bank account.
All contributions, as far as possible, need to be made directly to the charity and be under the control of the trustees. Where possible set an end date for the appeal.
Fund-Raising For Health Service Bodies Or Local Authorities We recommend that, before arrangements for an appeal are finalised, the fund-raisers discuss with the receiving body the terms upon which the appeal funds will be transferred.
Unless specific terms are agreed that are consistent with the terms of the appeal itself, a fund-raising campaign to provide capital equipment or buildings will have fulfilled its charitable purposes once the equipment or buildings have been provided. Donors will then have no control over the subsequent use of the equipment or buildings which they have purchased, or have assisted in purchasing, even if it is proposed to sell or demolish them soon afterwards. We recommend that any conditions on the future use of the gift be agreed with the receiving body before making the appeal.
Returning Appeal Money Where Insufficient Funds Are Raised If your charity has made a public appeal by asking for money for a specific project (for example, a new village hall) and insufficient funds are raised, then unless the appeal specified what would happen to any unused money, it is your duty to try to return any money given by identifiable donors. People who have put money into collecting boxes are presumed to be unidentifiable donors. Money raised by lotteries, competitions etc is also presumed to have been given by unidentifiable donors. Regulations made under the Charity 1993 Act (The Charities (Cyprus Advertisements, Inquiries and Disclaimer) Regulations 1993), explain the research which needs to be carried out to locate donors who are considered to be capable of being identified.
The precise form of words to be used is contained in the Regulations. When the research is complete the procedure is as follows:
Where the donor can be found but does not want their money back they must sign a disclaimer. If there is money left over after advertising to find the donors and after paying identified donors who did not disclaim, we will have to make a Scheme to enable the money to be used for other charitable purposes in the future. These purposes will be similar to the purposes for which the money was raised in the first place.
A reserve fund must be maintained for six months after the Scheme has been made to meet the claims of donors who come forward during that period.
Fund-Raising Events And Tax
Not all fund-raising events undertaken by charities will be tax exempt. Equally not all events on which there is no tax to pay can be undertaken by charities.
Is There Tax To Pay On A Fund-Raising Event? Since 1 April 2000, charities no longer have to deal separately with the Inland Revenue and Customs and Excise to determine whether fund-raising events qualify for exemption. If the event meets the criteria for VAT exemption, then they will automatically qualify for the purposes of the exemption from Income Tax and Corporation Tax. The Charity Commission cannot give detailed advice on these matters: charities should approach either of these departments on matters of taxation.
Under the Value Added Tax (Fund-Raising Events by Charities and Other Qualifying Bodies) Order 2000, there are three key elements in deciding whether there is tax to pay on a fund-raising event. These are:
The event must be organised and promoted exclusively to raise money for the benefit of a charity, or another qualifying body. "Other qualifying bodies" include a charity's wholly owned non-charitable trading subsidiary. The event must be one that can be held for fund-raising purposes. There is a limit to the number of events of the same kind at any one location in any one financial year of the charity.
Can The Charity Undertake The Event? A charity's assets have been given for its charitable purposes, and should not be exposed to any serious or substantial risk of loss from fund-raising activities. Risks which might be acceptable commercially will not necessarily be acceptable for a charity to undertake directly.
We therefore strongly advise trustees to take appropriate professional advice before undertaking significant fund-raising events. This is particularly the case if the turnover of the event is likely to exceed the higher of either £ 5,000 or 25% of the charity's income, subject to an overall limit of £ 50,000. It will normally be appropriate for all larger scale activities to be conducted by a trading subsidiary rather than the charity itself.
For example, large scale events such as celebrity concerts, sporting events etc can be a valuable way of raising funds. Experience shows however that they are also risky, and charity trustees should not normally undertake such activities within the charity. Instead, they can be carried out by a trading subsidiary of the charity, and the charity protected from the risk of loss. So charities can still take full advantage of the favourable tax regime a wholly owned trading subsidiary of the charity that pays all its profits to charity will be taxed in the same way as a charity.
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