This is our most popular package with UK residents, and includes: Submission of applications that details company's executive officers Guarantee company formation is usually achieved within 6-8 workday hours (Companies House permitting) Payment of UK legal and initiation fees The appointment of your own candidates as directors and secretary (a minimum of two people are required) The following documents will be e-mailed to you (Note: these documents are to be printed and signed): Electronic Certificate of Incorporation (PDF) Electronic Special Memorandum & Articles of Association (MS Word) Minutes of the First Meeting of Directors (MS Word) Membership Certificates and company Register
Economy Package
£ 92.00
Renewal fees from £50.00
This is our most popular package with EU residents, and includes: Submission of applications that details company's executive officers Company limited by guarantee formation is usually achieved within 6-8 workday hours (Companies House permitting) Payment of UK legal and initiation fees The appointment of your own candidates as directors and secretary (a minimum of two people are required) A registered office address for 12 months, provided by Coddan An application form for the following year's renewal of the Registered Office Address service (£50.00) Annual Return and Annual Account reminder The following documents will be e-mailed to you (Note: these documents are to be printed and signed): Electronic Certificate of Incorporation (PDF) Electronic Special Memorandum & Articles of Association (MS Word) Minutes of the First Meeting of Directors (MS Word) Membership Certificates and company Register
Premier Package
£ 141.95
Renewal fees from £99.95
This is our most popular package with small business, and includes: Submission of applications that details company's executive director Non-profit company registration is usually achieved within 6-8 workday hours (Companies House permitting) Payment of UK legal and initiation fees Applicant appointment of director for company (appointed electronically) A registered office address for 12 months, provided by Coddan An application form for the following year's renewal of the Registered Office Address service (£50.00) Nominee company secretarial service for 12 months (next year - £49.95) The following documents will be posted to you (these documents will be sent via Royal Mail): The original laminated Certificate of Incorporation A bound copy of the Memorandum and Articles of Association The Minutes of the First Directors' Meeting One (minimum) printed Membership Certificates and Company Register
Deluxe Package
£ 266.95
Renewal fees from £224.95
This is our most popular package with overseas residents, and includes: Non-profit company incorporation is usually achieved within 6-8 workday hours (Companies House permitting) Payment of UK legal and initiation fees A registered office address for 12 months, provided by Coddan An application form for the following year's renewal of the Registered Office Address service (£50.00) Nominee company secretary service for 12 months (next year - £49.95) Coddan provides a company nominee director service for 1 year (next year - £125.00) The name of the nominee director & secretary will appear as a public record Annual Return and Annual Account reminder The following two hard bound copies of corporate documents will be posted to you (Note: these documents are sent to you through Royal Mail Service, and are to be completed upon arrival): The original laminated Certificate of Incorporation A bound copy of the Memorandum and Articles of Association The Minutes of the First Directors' Meeting One (minimum) printed Membership Certificates and Company Register A pre-signed, undated letter of resignation from the nominee director A General Power of Attorney signed by nominee director An indemnity Letter for General Power of Attorney A nominee service agreement which provides for the indemnification of the nominees
Business Start-Up: Legal Requirements
A guarantee company does not have a share capital. A guarantee company has Members. Members are guarantors instead of Shareholders. A guarantee company can hold property. A guarantee company can borrow money in its own name. Guarantee companies are required to have a secretary. Secretary usually described as the senior administrator. This person may also be a member or director, but need not be. A company must have a minimum of one Member. Members can be corporate bodies or private individuals. Members can be of any nationality. The company is required to have a registered office in the UK.
COMPANIES LIMITED BY GUARANTEE, INFORMATION ON GUARANTEE COMPANIES REGISTRATION. EXEMPT UK CHARITIES
Dear Visitors, if you want to become familiar with the description and the contents of UK guarantee company formation packages, offered by Coddan and to find above, what kind of service is included in this or that British 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 English 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.
WHAT IS AN EXEMPT CHARITY?
For the purposes of the 1993 Act an exempt charity is: any institution established for charitable purposes which is included in Schedule 2 to the 1993 Act; or a common investment fund or a common deposit fund established by a Scheme of the Commissioners which permits only exempt charities to participate.
WHY ARE SOME CHARITIES EXEMPT?
Certain charities are exempt from our supervision because they are considered to be adequately supervised by, or accountable to, some other body or authority. Although not subject to our jurisdiction, an exempt charity is subject to: the legal rules generally applicable to charities; and the provisions of the 1993 Act (unless specifically excluded).
TRUSTEES' DUTIES AND RESPONSIBILITIES
The trustees of an exempt charity have duties and responsibilities which are no less demanding than those of trustees of other charities. For example, the trustees of an exempt charity:
Must act reasonably and prudently in all matters relating to the charity. Must always act in the best interests of the charity. Must apply the income and property of the charity only for the purposes set out in the governing document. Must protect all the property of the charity. Must invest the funds of the charity only in accordance with their powers of investment. Must regularly review the effectiveness of the charity.
REGISTRATION
An exempt charity is not required to be registered with us under section 3 and, since 1 September 1992, an exempt charity is not permitted to be registered on a voluntary basis. The voluntary registration of an exempt charity before 1 September 1992 ceased to have any effect from that date. It follows that an exempt charity may not describe itself as a registered charity and may not use a registered number.
DORMANT BANK ACCOUNT
Dormant bank account is a bank or building society account held on behalf of a charity which can no longer be traced or whose trustees can no longer be traced.
CONFIRMATION OF CHARITABLE STATUS
Occasionally an exempt charity will need to produce evidence that it is a "recognised charity". This usually arises when the charity is seeking to take advantage of the financial benefits enjoyed by registered charities. There is no formal process for certifying its status, unlike a registered charity where Charity Commission can quote its registered number. Charity Commission may be prepared to confirm by letter that, on the date of the letter, the institution would have been registered as a charity had it not been exempt. If trustees feel that they need such confirmation, they should apply to us setting out the reasons why the confirmation is required and enclosing a copy of the governing document(s).
FINANCIAL BENEFITS
Exempt charities are entitled to exactly the same financial benefits as registered charities. They are entitled to claim:
Relief from income tax, corporation tax and capital gains tax. Exemption from inheritance tax. Relief from business or non-domestic rates. Further information about tax benefits can be obtained from the Inland Revenue.