Last updated Feb 28, 2024 and written by Tom Richardson

Forming a Limited By Guarantee Company: Non-profit distribution clause

If you are forming a Limited By Guarantee Company with us we will provide you with a standard memorandum & articles for you to use. However, in some situations when forming a Limited By Guarantee Company, Companies House require a “Non-profit distribution clause” included within the articles.

If this is the case you can download a copy of the memorandum & articles template that includes this clause from the “M & A” section when completing the company formation process. You simply need to complete the sections marked in red and then upload the document as a custom memorandum & articles.