CIC (Community Interest Company)

CICs are limited companies which operate to provide a benefit to the community they serve.  The purpose of a CIC is primarily one of community benefit rather than private profit. 

Examples of a CIC could be a direct welfare service to vulnerable people, or an activity that generates profits which are used to support a specific purpose such as running a cafe where all profits generated are used to benefit the community.

How do I enter a CIC into Engager

Within Engager, we provide a list of legal entities to choose from when creating a new client. You’ll notice that we don’t actually provide ‘CIC’ as an option - so what to use?

In Engager, we have the useful link to Companies House, and as most CICs are LTDs, we recommend you select ‘Limited Company’ from the list of options  

They also have similar filing deadlines, so selecting as an LTD will be ideal, as you can use the hard coded dates and deadlines that come with selecting LTD as the option