Introduction: Understanding CIC Conversion If you’re considering taking your business in a new, socially conscious direction, converting to a Community Interest Company (CIC) might be the perfect next step. CICs are ideal for businesses looking to operate for the benefit… Read More ›
Are you passionate about making a positive impact in your community? Establishing a Community Interest Company (CIC) might be the perfect way to bring your vision to life. In this comprehensive guide, we’ll walk you through the essential steps of… Read More ›
Converting your limited company to a community interest company (CIC) can have some advantages and, of course, some disadvantages. The primary reason that someone would want to convert a limited company to a CIC is to align their corporate model… Read More ›
If you’re interested in incorporating a CIC, look no further. This will guide you through the CIC company formation and registration process. Community Interest Companies (CIC) were first created in 2005. Since then the number of CICs registered in the… Read More ›
What is CIC36 form? It’s a necessity for any social enterprise that wants to structure itself as a community interest company. All CICs need to fill out the CIC36 form and submit it to the Regulator of Community Interest Companies…. Read More ›
As a community interest company (CIC) leader, it’s essential to understand the concept of the asset-locked body. An asset-locked body is an entity that has at least two shareholders—one with and another without voting rights. The CLA’s assets are “locked” in… Read More ›
Often when getting started with a project it’s easy to make mistakes. Few processes are truly intuitive and without direct and rapid feedback, one erroneous assumption quickly becomes many. Add to this the difficulty of streamlining processes so that they… Read More ›
Once upon a time, the roots of enterprise were deeply woven within communities. A business existed to benefit its place of origin as much as it did to enrich the world outside of its limited borders. This spirit remains today, though… Read More ›