Community interest companies
A community interest company (CIC) is a type of company that exists to provide a benefit to a community. It must use its income, assets and profits for that community. It is not, however, a charity.
A CIC will have one of the following at the end of its full name: community interest company, c.i.c, community interest public limited company, or community interest plc. There are also Welsh-language equivalents.
A CIC cannot be a political party, a political campaigning organisation or a subsidiary of either.
CICs are regulated by the Regulator of Community Interest Companies.
In this section, you'll learn about:
- how to start up or convert to a CIC
- legal restrictions and regulation
- filing requirements
- what to do if you want to end a CIC
What is the law guide
The Desktop Lawyer law guide aims to present the law to you in a comprehensive yet jargon-free and easy-to-read format. Our law guide is constantly kept up to date with changes in business and family law by our team of in house solicitors, and includes information across all the legal jurisdictions in the UK.
Our law guide is free to use. Where we provide documents related to this area of law, or where they may help you with any legal issue in this area, they will be listed to the right of this message.