A Condensed Guide to Corporate Structures for Charities & Not for Profits
Introduction
Charities and not for profits are leading the response to local, national, and global issues but many are unincorporated. It can come as a nasty surprise to those running such organisations that there is no protection from personal liability.
In these times of increasing scrutiny, record levels of need for services and added risk for the sector, should charities, clubs, voluntary groups, and not for profits seek the protection of incorporation?
This webinar explores the different types of corporate structures available to your charity and not for profit clients allowing you to advise them on how best to meet their purpose while protecting their personal position.
What You Will Learn
This webinar will cover the following:
- What are the differences between incorporation and non-incorporation?
- Types of unincorporated structures
- Trusts
- Unincorporated associations
- Types of incorporated structure
- Companies limited by guarantee
- Companies limited by shares
- Community interest companies CIC
- Charitable incorporated organisations CIO
- Royal charter
- Community benefit societies
- Advising a new organisation on what structure is best for them
- The benefits and burdens of incorporation including regulation, financial accounting, the tax position, and costs
- Advising an existing organisation on transferring to an incorporated status
This webinar was recorded on 20th June 2023
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