What is a Community Interest Company (CIC)?
A Community Interest Company (CIC) is a special type of UK limited company designed for people who want to run a business that benefits the community rather than private shareholders. CICs must meet specific legal requirements and are regulated by the CIC Regulator.
Can you help me form a CIC?
We’re unable to set up CICs on behalf of our customers, as they involve a complex application process that includes additional documentation and approval from the CIC Regulator.
Who do you recommend?
If you’re looking to form a CIC, we recommend speaking with a specialist CIC formation agent or legal advisor. They can guide you through the required forms, draft your community interest statement, and submit the application properly.
For more information about CICs, visit the official UK Government page: https://www.gov.uk/set-up-a-social-enterprise
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