Gibraltar – Company Limited by Guarantee

A Company Limited by Guarantee does not generally have a share capital or shareholders, but instead has members who act as guarantors. The members give an undertaking to contribute a nominal amount (typically very small) in the event of the company being wound up. A company limited by guarantee is a distinct legal entity from its owners, and is responsible for its own debts. A member is only responsible for paying company debts up to the amount of his/her guarantee and their personal assets are protected. Many sporting clubs or societies are structured as companies limited by guarantee and joining members become Guarantee Members.

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Asia Focus – July 2019

  • Singapore to launch new corporate structure for investment funds
  • Hong Kong grants first virtual banking licenses
  • Singapore crowned as world’s most competitive economy
  • China strengthen protections for trademark rights and trade secrets
  • When is a trust not a trust?
  • The benefits of outsourcing your payroll
  • Sovereign welcomes Caring Company status in HK
  • Escrow services now offered by Hong Kong office

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Sovereign Trust (Gibraltar) Limited
Tel: +350 200 76173