Hi,
My father is looking to set-up a not for profit organisation. We assume this would be a "company limited by guarantee" rather than a standard limited liability company. Who are the people that have to be involved in this type of organisations. From what I have read, there is a board of directors and "members" rather than shareholders.
So, is there a minimum number of people that have to be on the board; is a company secreatary needed; how many members does there have to be; can the director be a member, etc?
Or would it be more suitable to create a standard limited company?
TIA.