eFAZe Product Details

Company Limited by Guarantee

eFaze offers choices of Memorandum and Articles of Association when you form a Company Limited by Guarantee.

You must be sure that what you are entering into the Memorandum and Articles of Association will be used as your formation document for your company and the wording must accurately describe the nature of your proposed Company.
NB. eFaze electronic systems are not able to check the wording or spelling of any text entered. eFaze will not be responsible for rejections from Companies House or the Charities Commission as a result of  text entered.

If your company is to be a charity, you will be provided with our standard Charities Commission model Memorandum and Articles of Association. For registration with the Charities Commission, initially we use the Charities Commission standard model articles and memorandum.   The objects clause is "other charitable purposes".  You will probably have to amend this clause at a later date to reflect the specific purpose of your charity or organisation.  We can assist you to draft bespoke articles. Please note there is no guarantee that the Charities Commission will accept your objects if they are poorly drafted or do not accurately reflect the aims of the charity or are not sufficiently wide.

If your company is NOT going to be a charity you will be provided with our standard Not For Profit model Memorandum and Articles of Association and you can then add in your own particular specific objects clauses at a later date

We currently do not charge extra for forming a company limited by guarantee, but if you should require assistance with the drafting of your objects clauses, advice given will be charged on a time basis.

You can use your own form of Memorandum and Articles of Association. You will need to email us (companyformationsupport@efaze.com) your template as a word document and we will then check and prepare them for submission to Companies House. There is a £25 surcharge for this option

We CAN draft bespoke articles at a cost of £35 per half hour.

Please contact us on companyformationsupport@efaze.com BEFORE you form your company

If you are forming a charity, forming a company limited by guarantee is just the first step.  The Charities Commission normally insists that you have created the organisation before they will consider your application for charitable status.

This can result in a catch 22 situation if you are registering a company with the word Charity.  The charities commission will not register the charity without an existing company and Companies House will not register the company without Charities Commission approval.  The quick solution is to register your company with a different name and change the company name after approval.