1.10 Applying for Company StatusWith over 3.5 million limited companies (Public, Private and Third Sector) registered in the UK, it is popular choice for incorporation. Many third sector organisations have traditionally set up as Companies Limited by Guarantee with Charitable Status and is widely acknowledged by funders, banks etc. as being a legitimate approach to setting up a charity. As mentioned in 1.5 Limited Companies while a Company Limited by Guarantee can be registered with OSCR a Company Limited by Shares cannot due to the private gain that can be made by shareholders.
There are two main requirements when incorporating a limited company:
Check list for Incorporation:
The Companies House website www.gov.uk/government/organisations/companies-house provides detailed guidance on the process of applying to incorporate a Limited Company as well as the online portal for registrations. The table below highlights key considerations when looking into the incorporation of a limited company.
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TOPICS1.0 Getting Started
1.1 Legal Structures 1.2 Unincorporated Association 1.3 Trusts 1.4 Scottish Charitable Incorporated Organisation 1.5 Limited Company 1.6 Community Interest Companies 1.7 Developing a Governing Document 1.8 Writing your Organisations Purposes 1.9 Applying for Charitable Status 1.10 Applying for Company Status 1.11 Applying for CIC Status 2.0 Developing and Growing 3.0 Taking on an Asset 4.0 What is Social Enterprise 5.0 Volunteering 6.0 Funding 7.0 Dissolving an Organisation |
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Voluntary Sector Gateway West Lothian is a Registered Company in Scotland No. SC244154 and Registered Scottish Charity No. SC027612.
Registered Office: 20-22 King Street, Bathgate, EH48 1AX
Registered Office: 20-22 King Street, Bathgate, EH48 1AX