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Hi Noel. Spoke to someone at the science park last week, they had no
interest at all. Apparently they are low on space .
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3. Who can incorporate an LLP?
Two or more persons associated for carrying on a lawful business with a view to profit can incorporate an LLP by subscribing to its incorporation document. In law, 'person' includes individuals and companies or firms. LLPs are not applicable for all activities, for example, non-profit making activities.
(Their emphasis) So that rules that out! (It is slightly confusing though as there is mention of a co-op using this model to incorporate. That would involve everyone being a member of the LLP though, which I think might get very clumsy very quickly - imagine 50 members of equal status, and voting on everything!)
N
Just thought the epilogue on this page was interesting following on the the charity discussion:
http://hackspace.org.uk/view/Charitable_status
(via http://hackspace.org.uk/view/Starting_a_Hackerspace)
Also some of the comments in http://russ.garrett.co.uk/2009/10/25/starting-a-non-profit-in-the-uk/ suggest looking at an LLP as an organisational structure. There's a bit more info here http://en.wikipedia.org/wiki/Limited_liability_partnership#United_Kingdom but the thing that stood out is that an LLP pays no corporation or capital gains tax, which would normally apply to a company that leaves money in an account rather than paying it out to shareholders.
Cheers,
Ralf.
On 2 May 2013 15:30, Noel Welsh <noel...@gmail.com> wrote:
On Thu, May 2, 2013 at 2:46 PM, GarethPS <garethpo...@gmail.com> wrote:Hi Noel. Spoke to someone at the science park last week, they had no
interest at all. Apparently they are low on space .Faraday Wharf might be low on space, but I know for a fact at least two buildings in the Science Park are 1/2 empty. However I think the Council has taken over these buildings, which might explain why the Science Park blanked you. I'll attempt to find out more.N.
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Ranulf Doswell