Regulator Updates Guidance on Incorporating Community Interest Companies

The Office of the Regulator of Community Interest Companies has updated its guidance on incorporating a CIC, highlighting common errors in application forms. The document outlines ‘Do’s and Don’ts’ for both online and paper submissions, emphasizing key requirements. Online applications require uploading Articles of Association (CIC36) and populate other details automatically, costing £115. Paper applications need IN01, CIC36, Memorandum of Association, and Articles of Association, with a £86 fee. Common mistakes include incorrect form formatting, missing signatures, and misusing terms like ‘limited.’ The regulator advises consistency in naming, proper completion of the CIC36 form’s community interest statement, and avoiding lobbying activities. Both methods require careful attention to statutory clauses and declarations. Applicants are urged to contact Companies House for form-specific queries, not the CIC office.

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Summary adapted from content licensed under the Open Government Licence v3.0.
For details, see https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/.
Original source: https://www.gov.uk/

https://www.gov.uk/government/news/dos-and-donts-of-completing-an-application-to-incorporate-a-cic

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