Community Benefit Society (BenCom) Registration

Overview:  Community Benefit Society (BenCom) conduct business for the benefit of their community. Profits are not distributed among members, or external shareholders, but returned to the community.

Purpose:  Registration of Community Benefit Society (BenCom)

Main specifications:

  • can raise funds by issuing shares to the public
  • must submit annual accounts
  • managed by the members
  • must have social objectives to conduct a business or trade.

Registering authority: the Financial Conduct Authority (FCA)

Term of registration: 7-10 working days

Personal presence: Optional

Conditions for registration:

  • Member – Minimum 2 (maximum – unlimited) natural/legal person of any nationality/jurisdiction
  • Registered office address in the UK

Required documents:

  • Passport or European ID card (for all associated persons)
  • Proof of residential address not older than 3 months (for all associated natural persons)
  • Extract from the Trade Register not older than 3 months (for all associated legal persons)
  • Document, authorizing to use of the registered office address (Copy of the Rental Agreement, Authorization Letter from the Owner, Certificate on Property)
  • Confirmation of the fulfillment of minimum share capital requirements (deposit of £ 50.000)
  • Power of attorney (in case of remote registration)
  • Signed copy of the Rules

$1,084.82

United States dollar ($) - USD
  • Euro (€) - EUR
  • United States dollar ($) - USD
  • Pound sterling (£) - GBP
  • Indian rupee (₹) - INR
  • Australian dollar ($) - AUD
  • Swiss franc (CHF) - CHF
  • Japanese yen (¥) - JPY
  • United Arab Emirates dirham (د.إ) - AED
  • Brazilian real (R$) - BRL
  • Israeli new shekel (₪) - ILS
  • Chinese yuan (¥) - CNY
  • Turkish lira (₺) - TRY
  • Hong Kong dollar ($) - HKD

ENTITY NAME

ENTITY ACTIVITIES

DOCUMENTS

Membership Agreement, Articles of Association, Memorandum, Constitution, Rules and Regulations or Trust Deed

DELIVERY OF DOCUMENTS

Insecure - Without tracking number - Slow delivery

With tracking number - Slow delivery

Worldwide - With tracking number - Express delivery

ADDITIONAL COMMENTS OR SPECIAL REQUESTS

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