----- "Thomas Dalton" thomas.dalton@gmail.com wrote:
On 26 July 2010 22:10, Colm King cargoking@live.com wrote:
Quote from http://www.cro.ie/ena/business-registration-company.aspx: "A company limited by guarantee not having a share capital: As this is a public company, there must be a minimum of seven members....
Looks like another option.
That was the type of company I was referring to. I don't know what kind of company other people were talking about.
In England there are two types of companies - limited by guarantee or limited by shares. Wikimedia UK is incorporated as limited by guarantee and this is the normal route for "non-profits".
Limited companies cost around £1000 per year in admin costs - statutory accounts, incorporation fees etc. I would suggest you don't rule out a simple unincorporated association if you aren't expecting income to be too great in the initial years and are happy to run the liability risks.
But as someone else said earlier - most important thing is to get the critical mass of interested members who are willing to put the effort into setting it up.
Andrew
On 26 July 2010 22:50, Andrew Turvey andrewrturvey@googlemail.com wrote:
----- "Thomas Dalton" thomas.dalton@gmail.com wrote:
On 26 July 2010 22:10, Colm King cargoking@live.com wrote:
Quote from http://www.cro.ie/ena/business-registration-company.aspx: "A company limited by guarantee not having a share capital: As this is a public company, there must be a minimum of seven members....
Looks like another option.
That was the type of company I was referring to. I don't know what kind of company other people were talking about.
In England there are two types of companies - limited by guarantee or limited by shares. Wikimedia UK is incorporated as limited by guarantee and this is the normal route for "non-profits".
There are two types of private company. There are also public companies, but you don't want to be one of those. Ireland has a very similar system, except companies limited by guarantee are split into two - one with share capital and one without. A chapter would obviously want to be one without.
Very similar in fact! (see PDF, bottom, here http://www.cro.ie/en/business-registration-friendly-society.aspx) "Be it enacted by the Queen’s most Excellent Majesty" Colm
Date: Mon, 26 Jul 2010 22:53:06 +0100 From: thomas.dalton@gmail.com To: wikimediaie@lists.wikimedia.org Subject: Re: [Wikimedia IE] Ready To Go?
On 26 July 2010 22:50, Andrew Turvey andrewrturvey@googlemail.com wrote:
----- "Thomas Dalton" thomas.dalton@gmail.com wrote:
On 26 July 2010 22:10, Colm King cargoking@live.com wrote:
Quote from http://www.cro.ie/ena/business-registration-company.aspx: "A company limited by guarantee not having a share capital: As this is a public company, there must be a minimum of seven members....
Looks like another option.
That was the type of company I was referring to. I don't know what kind of company other people were talking about.
In England there are two types of companies - limited by guarantee or limited by shares. Wikimedia UK is incorporated as limited by guarantee and this is the normal route for "non-profits".
There are two types of private company. There are also public companies, but you don't want to be one of those. Ireland has a very similar system, except companies limited by guarantee are split into two - one with share capital and one without. A chapter would obviously want to be one without.
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