Can a company limited by guarantee operate as a holding company?

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Hi, I’m curious about limited by guarantee companies. I like the idea of the structure here, but I have no interest in running a non-profit company. If anything, I’d just like to use it as a means to operate other companies. My question is then as follows: can I operate a limited by guarantee company as a holding company? Is this legal, or do I need to go a different route?

Answers

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Yes, it is possible for a limited by guarantee company to operate as a holding company. The purpose of a holding company is simply to own assets and/or manage other companies, so it does not matter if you set it up as a limited by guarantee or limited by shares company.

a year ago
 

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