The main purpose of a community interest company is to carry out an activity solely for the benefit of a particular community (and not, apart from in limited circumstances, for the benefit of the investors or shareholders of the CIC).
CICs can either be limited by shares or by guarantee or may even be a public limited company. However, a CIC may not be a charity (a charity can convert into a CIC but it will lose its charitable status on doing so).
What does our CIC Company Formation package include?
| 1 |
A new CIC limited company formed with your choice of name. |
| 2 |
Presentation folder. |
| 3 |
An official hard copy Certificate of Incorporation. |
| 4 |
Share certificates (if appropriate). |
| 5 |
A hard Copy Memorandum and Articles of Association (with online access to the original so you can print as many copies as you want). |
| 6 |
Board meeting minutes. |
| 7 |
Guidance materials on the regulatory requirements for new businesses. |
| 8 |
Unlimited resubmissions of your company's details to Companies House if your first application is rejected for any reason. |
| 9 |
Free telephone support especially in drafting the community interest statement. |
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