Alex Hudson <[EMAIL PROTECTED]> wrote: > On Tue, 2008-01-15 at 00:56 +0000, Jon Grant wrote: > > any other ltd company contractors on the list..? > > (I work for a Ltd., but I'm not a contractor)
You have no contracts? ;-) Anyway, the point was well-made: legal form and company type are linked but one doesn't define the other. We hit this when starting AFFS (the current association was meant as a temporary form while sorting ourselves out) as you can read around the time of http://lists.gnu.org/archive/html/fsfe-uk/2001-12/msg00014.html if you feel like seeing our birth pains. Would AFFS be better as a CIC today? > [...] Indeed, I think some Co-ops are set up as Ltd. companies. Indeed they are. Model rules and guides at http://www.cooperatives-uk.coop/Services/memberBenefits/legalServices/co-operatives/register http://www.radicalroutes.org.uk/content/view/16/45/ or your local Cooperative Development Body. > [...] - particularly, where there is no > need/availability of investment, there don't seem to be any good reasons > why you shouldn't try it. As I understand it, cooperatives *can* have outside funding, but only pay a limited rate of interest (usually linked to bank rates) on capital invested, rather than the potentially x000% return if you get lucky with a shareholding. TTLLP isn't seeking more funding, so it doesn't pay any interest at present, but I think we could if we needed investment. Actually, we might be able to access cooperative-based funds like Cooperative & Community Finance and Rootstock too. Regards, -- MJ Ray http://mjr.towers.org.uk/email.html tel:+44-844-4437-237 - Webmaster-developer, statistician, sysadmin, online shop builder, consumer and workers co-operative member http://www.ttllp.co.uk/ - Writing on koha, debian, sat TV, Kewstoke http://mjr.towers.org.uk/ _______________________________________________ Fsfe-uk mailing list [email protected] http://lists.gnu.org/mailman/listinfo/fsfe-uk
