Community Interest Companies (CICS) are limited companies, with special additional features, created for the use of people who want to conduct a business or other activity for community benefit, and not purely for private advantage.
This is achieved by a "community interest test" and "asset lock", which ensure that the Community Interest Company is established for community purposes and the assets and profits are dedicated to these purposes. Registration of a company as a Community Interest Company has to be approved by the Regulator who also has a continuing monitoring and enforcement role.
The Memorandum and Articles of association of a Community Interest Company have to be drafted in a manner that is acceptable to the regulator. The Company Warehouse can assist client's with registration of Community Interest Companies and will accept purchase orders from Local Authorities if the registration is being funded by local government.
Client's interested in registering a Community Interest Company should NOT use the online order forms on this website as the company will not be acceptable to the regulator. Please contact our Specialist Registration team for Community Interest Company Formation requirements.