HELP on NOT FOR PROFIT SET UP......
I have a query about setting up a not for profit company / a company limited by guarantee. From the information I can find online, it appears that there either needs to be seven directors on a board or else seven subscribers.
My query is how much control do these directors/ subscribers then have over the company and decisions made? The company we are planning on will have two of us as partners with ltd liability. Ideally, we would like to register as a not for profit company as we plan to put profits back into the company and development of our cause/ to effect change but are totally confused as to how to to about it.
Any advice gratefully received!