LBMW solicitors attend the Charity Commission’s Public Conference: our summary of the new CEO’s vision We take a look at the key take-aways from David Holdsworth’s speech at the Charity Commission Annual Public Conference held on 26...
Charities may carry out trading activities, and in doing so, they may set up 'charity trading subsidiaries'. Carrying out trading activities via a trading subsidiary has several benefits, including enabling charities to:
- Make profit on trading that is not linked to the charity's charitable object;
- Produce income while also insulating the parent charity from the risks of trading;
- Ensure that the parent charity does not breach the taxable trading threshold;
- Have a separate entity carrying out all the parent charity's trading activities.
LBMW charity lawyers have a wealth of experience in assisting clients with establishing charity trading subsidiaries for a wide range of purposes, as well as assisting with establishing overseas trading subsidiaries, and creating joint ventures. We also provide guidance on commercial activities and charity trading law.
Our lawyers always take a practical approach, making the processes straightforward, while also ensuring that clients comply with their legal and regulatory obligations.
Contact
If you require any assistance with charity and not for profit law, contact our expert charity law solicitors:
Phone no.: 0207 222 5381
Email: khalid.sofi@lbmw.com
You can also make an enquiry by filling out the Enquiry Form on www.lbmw.com.
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Why choose LBMW as your charity lawyers?
Charity law has been a central part of our practice for more than 150 years and we are recognised as one of the leading charity law firms in the country. Our charity lawyers are knowledgeable and versatile delivering timely, practical and cost-effective advice to charities and not for profit organisations across all sectors.
All our charity lawyers are members of the Charity Law Association and are engaged widely in the sector either as members of CLA working groups, trustees, school governors or advisors.
We have strong links with the Charity Commission, Privy Council and other stakeholders and run seminars throughout the year examining the latest challenges and opportunities posed by the ever-changing legal and regulatory landscape.
In the charity context, we advise on the following:
- Setting up & managing a charity;
- Charity property;
- Setting up and managing philanthropic foundations;
- Charity commission visits, investigations and inquiries;
- Employing staff and managing volunteers;
- Fundraising standards & regulations;
- Trustees training, duties and board development;
- Dispute resolution;
- Charity dissolutions, mergers and collaborative working;
- Charity Act compliance;
- Safeguarding;
- Trademarks and brand protection;
- Subject Access and Freedom of Information requests;
- Reputational management;
- Charitable giving, exemptions & reliefs;
- Philanthropy.
LBMW is ranked in Legal 500 as a leading Charity and Not for Profit law firm, and the head of our team, Khalid Sofi, is recognised as a Leading Partner by the directory.
