Welcome to this quarter's company secretary update, where we explore the key developments and highlights for company secretaries.
Our experienced governance team provides support and advice to values-driven businesses to help them decide on the best legal structure for their new ventures.
Values-driven businesses within the social business sector may have many reasons for setting up a new venture; it may be for the purpose of creating a new body for charitable purposes, a commercial business venture, to act as a co-operative or to achieve broad, social aims.
Whether you are setting up a completely new venture or one that is linked with a current organisation we can help ensure you choose the best legal structure. At Anthony Collins Solicitors we are experienced in working with a variety of social business clients to advise them on all aspects of new ventures and new legal structures.
As well as advising on the best-suited legal structure for your new venture, our governance team can also support commercial businesses with the governance of new ventures. We work together with values-driven businesses to look at:
- Who the members or shareholders will be.
- Who will be on the board, and how they will be appointed.
- How different interests or groups will be protected.
Our services on new legal structures
At Anthony Collins Solicitors we work in partnership with values-driven businesses within the social business sector to understand what their new venture aims to achieve, how they plan to achieve their goals and how they see the organisation developing.
This understanding enables us to advise on the best legal structure. We have worked with a variety of clients in the social business sector to help them set up many kinds of structures, including:
- Commercial organisations, including limited companies, Limited Liability Partnerships, and PLCs.
- Social enterprises, including community interest companies and community benefit societies.
- Charities, including charitable incorporated organisations and charitable companies limited by guarantee.
- Co-operatives and mutuals, including employee-owned organisations.
We can also help with more complex structures such as joint ventures or mergers. We have created complex vehicles for delivering community-led projects, co-operative initiatives and social businesses involving a wide range of partners and groups. We can help you weigh up how best to balance those interests.
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