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Limited by guarantee: How many people do I need to form a company?

Aug 12, 2014
Limited by guarantee: how many people do I need

One is all you need. Just like for companies limited by shares, only one person is required. In the case of a company limited by guarantee, this person would act as both director and guarantor.

A company can be a joint director, but there must be a physical person, older than 16 and not disqualified from being a director. A director’s country of residence can be anywhere in the world providing the registered address is UK based.

Author

Karen Horne
@UK_Co_Formation

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