Guidance
Community interest companies: leaflets
An overview of what community interest companies (CICs) are, how they are set up and how they work.
- From:
- Office of the Regulator of Community Interest Companies
- Published
- 2 August 2013
- Last updated
-
511JulyMarch20242026 — See all updates
Documents
Benefits of a CIC
Ref: 10/1388
PDF, 79.2 KB, 2 pages
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Information Pack
Ref: 13/783
PDF, 314323 KB, 3433 pages
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Frequently asked questions
Ref: BIS/13/786
PDF, 347346 KB, 37 pages
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Frequently asked questions for funding organisations
Ref: 13/782
PDF, 329 KB, 19 pages
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Details
The ‘information pack’ is an abbreviated version of the ‘Community interest companies: how to form a CIC’ guidance. It includes information on:
- the community interest test
- the asset lock
- the dividend cap
- redemption and repurchase of shares and reduction of capital
- charities converting to CIC status or vice versa
- converting an industrial and provident society (IPS) to a CIC
- tax considerations
- sources of finance
- charges on assets
- lenders to the third sector
- forming a new CIC
- converting an existing company to a CIC
-
CIC fees
- the annual CIC report
Updates to this page
Published 2 August 2013
Last updated 511 JulyMarch 2024
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Details
The ‘information pack’ is an abbreviated version of the ‘Community interest companies: how to form a CIC’ guidance. It includes information on:
- the community interest test
- the asset lock
- the dividend cap
- redemption and repurchase of shares and reduction of capital
- charities converting to CIC status or vice versa
- converting an industrial and provident society (IPS) to a CIC
- tax considerations
- sources of finance
- charges on assets
- lenders to the third sector
- forming a new CIC
- converting an existing company to a CIC
- CIC fees
- the annual CIC report
Updates to this page
Published 2 August 2013
Last updated