Community Interest Company (CIC) Limited by Guarantee

Limited liability yes
Governing document articles
Can it issue shares? no
Can it pay a return on shareholdings? no
Does it have a regulatory body? Companies House and CIC regulator
Can it have charitable status? no
Does it have an asset lock? yes

Read more about CIC

Community Interest Company (CIC) Limited by Shares

Limited liability yes
Governing document articles
Can it issue shares? yes
Can it pay a return on shareholdings? yes (with conditions)
Does it have a regulatory body? Companies House and CIC regulator
Can it have charitable status? no
Does it have an asset lock? yes

Read more about CIC

OCVA make no guarantees as to the accuracy of this information which is for illustrative purposes only.

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