Limited By Guarantee
What is a Limited by Guarantee Company? Limited by guarantee companies are commonly adopted by nonprofit organisations such as charities, sports associations, community projects, societies, and other similar entities.
We asked our friends over at FreeAgent seven common(ish) questions about the Limited by Guarantee (LBG) company structure - a structure commonly favoured by charities. Take a look, and remember to get in touch if you're interested in incorporating your own LBG company.
If you’re thinking of structuring your business so that it enjoys the benefits of limited liability, you have a choice of three different options; a company limited by shares, a company limited by guarantee, or a limited liability partnership. Emily Coltman FCA, chief accountant to award-winning online software provider FreeAgent, explores the difference between these three.