June 2011 Archive

Guide to community interest companies and companies limited by guarantee

Two common entities used for not-for-profit or community orientated organisations are the company limited by guarantee and the community interest company (“CIC”). As the names suggest both types of entity are limited companies (a CIC is a special type of company and may be either a company limited by guarantee or a company limited by shares). This guide covers some of the key characteristics of the company limited by guarantee and the community interest company.
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