Conversions: Limited by guarantee to CIC

Company limited by guarantee to Community Interest Company (c.i.c.)

An existing company can be converted to a Community Interest Company if it:

• passes special resolutions to do so and to make the other necessary changes
• adopts new articles of association which comply with the requirements for a c.i.c., including objects that are for community benefit and the asset lock
• changes its name so that it ends in 'Community Interest Company' or 'c.i.c'.)
• submits all the above with a completed form CIC37
• pays £25 registration fee
• is acceptable to the CIC Regulator

Our service
The Company Law Solutions service will include:

• guidance as to the applicable procedures and requirements
• the special resolutions
• notices of directors' meetings
• minutes of directors' meetings
• members' consents to resolutions or notices and minutes of general meeting (as applicable)
• notices for Companies House
• completed official forms for Companies House and the CIC Regulator
• our straightforward, step by step guide to completing the procedures
• checking by us when the documents are completed (if required)
• dispatch by us to Companies House of the completed and checked documents (if required)

Costs
Most conversions of this type will be covered by our benchmark price for this service provided our standard CIC articles are used. Please see our prices guide. If any special drafting is required there may be additional costs, which will be advised on receipt of detailed instructions.