Complete Guide

How to Register a Community Interest Company (CIC)

The complete step-by-step guide to setting up a CIC in the UK

A Community Interest Company (CIC) is one of the most popular legal structures for social enterprises and community organisations in the UK. It allows you to run a business that benefits the community while operating through a limited company structure.

What This Guide Covers

  • What a CIC is and how it works
  • CIC limited by guarantee vs shares
  • Step-by-step registration process
  • Forms and documents required
  • Articles of association guidance
  • Ongoing compliance requirements

Cost: £115 online registration fee

Understanding CICs

What is a Community Interest Company (CIC)?

A Community Interest Company (CIC) is a special type of limited company designed for organisations that want to benefit the community rather than private shareholders.

Who Uses CICs?

Social Enterprises

Community Projects

Educational Projects

Support Groups

Sports Clubs

Arts Organisations

A CIC Can...

  • Trade and generate income
  • Employ staff
  • Enter contracts
  • Apply for grants and funding
  • Lease property and assets

Important: A CIC must use its profits and assets mainly for community benefit, not private gain.

Key Differences

Is a CIC a Charity?

No. Although both structures aim to benefit the public, there are important differences.

Community Interest Company

  • Regulated by the CIC Regulator and Companies House
  • Pays corporation tax like a standard company
  • Cannot usually claim Gift Aid
  • Fewer restrictions than a charity
  • Quicker and easier to set up

Registered Charity

  • Regulated by the Charity Commission
  • Receives charitable tax reliefs
  • Can claim Gift Aid on donations
  • Stricter governance requirements
  • More comprehensive reporting obligations

Not sure which structure is right for you? Get in touch for guidance

CIC Structures

Types of CIC

There are two main types of Community Interest Company to choose from.

CIC Limited by Guarantee

Most Common Choice

This is the structure most commonly used for community organisations and non-profits. Most CICs in the UK are limited by guarantee.

Key Features:

  • Has members instead of shareholders
  • Profits usually reinvested into the organisation
  • Often preferred by grant funders
  • Suitable for non-profit activities

Recommended for most community organisations

CIC Limited by Shares

For Investment

This structure is sometimes used where social enterprises want to attract investment funding.

Key Features:

  • Can issue shares to investors
  • Can have external investors
  • Can pay limited dividends
  • Dividend payments are capped under CIC regulations

Best for social enterprises seeking investment

Tip: For most community organisations, social enterprises and non-profits, a CIC limited by guarantee is usually the preferred option. Speak to us if you're unsure which structure suits your needs.

Registration Cost

£115

Online registration fee through Companies House

Register a CIC Online

Processing Time

Few Days

Most online applications are processed within a few working days

Delays may occur if documents are incomplete

Common Causes of Delays

Unsuitable company name
Poorly completed CIC36 form
Incorrect articles of association
Missing required information
Step-by-Step

How to Register a CIC

Follow these steps to register your Community Interest Company successfully.

1

Choose Your CIC Structure

Decide whether your CIC will be limited by guarantee or limited by shares.

For most community organisations, social enterprises and non-profits, a CIC limited by guarantee is usually the preferred option.

2

Choose a Company Name

Your company name must comply with Companies House rules:

  • Must be unique
  • Cannot be misleading
  • Usually ends with CIC or Community Interest Company
Check Name Availability
3

Decide on Directors and Members

A CIC must have at least one director. Many organisations choose two or three directors to improve governance and credibility with funders.

Who Can Be a Director?

  • Must be at least 16 years old
  • Not disqualified from acting as a director
  • Not an undischarged bankrupt
4

Prepare the CIC36 Community Interest Statement

The CIC36 form is one of the key parts of your application. It shows the CIC Regulator what your organisation does, who benefits, and how the community benefits.

Your statement should clearly explain:

Who Benefits

Young people, elderly, disabled, local communities

What Activities

Workshops, events, education, support services

Community Benefit

Wellbeing, education, health, employment

5

Prepare the Articles of Association

Every CIC must have articles of association - the legal rules explaining how the company operates.

Most people use the model constitutions provided by the CIC Regulator and Companies House.

View CIC Model Articles

Small Membership CIC

Directors are also members. Simple governance, ideal for smaller organisations.

Large Membership CIC

Separate directors and members. Allows wider community participation.

6

Choose Your SIC Code

A SIC code describes the activities your CIC carries out. Companies House requires at least one SIC code during registration.

Search SIC Codes

Common CIC SIC Codes:

88990 Social work activities
85590 Other education
93120 Sports clubs
94990 Membership organisations
7

Register the CIC Online

Complete your registration through Companies House. You'll need:

Company name
Registered office address
Director details
PSC details
SIC code
Articles of association

Understanding PSCs and the Asset Lock

What is a PSC?

PSC stands for Person with Significant Control.

A PSC is someone who:

  • Owns or controls the company
  • Has significant influence over decision-making

In many small CICs, the directors are also the PSCs.

What is the Asset Lock?

The asset lock is one of the most important features of a CIC. It legally protects the organisation's:

  • Assets and property
  • Profits and reserves

If the CIC closes, remaining assets must transfer to another CIC or a registered charity.

Can a CIC Apply for Funding?

Yes. Many CICs successfully apply for:

Grants
Social investment
Sponsorship
Community funding

Note: Some funders only support charities, while others actively fund CICs and social enterprises.

Do CICs Pay Tax?

Yes. CICs are generally taxed like standard limited companies.

A CIC may need to register for:

  • Corporation tax
  • VAT
  • PAYE

Unlike charities, CICs generally cannot claim Gift Aid

Ongoing Obligations

Ongoing CIC Filing Requirements

After registration, your CIC must continue meeting legal obligations.

Annual Accounts

Prepare and file yearly financial statements

Confirmation Statements

Annual company information updates

Corporation Tax

File annual tax returns

CIC34 Annual Report

Specific CIC regulator filing

Warning: Failure to file documents can result in penalties, strike-off action, and director compliance issues.

Common Questions

Frequently Asked Questions

Need Help Setting Up Your CIC?

We can help you set up your Community Interest Company correctly and avoid common registration mistakes. Our team has extensive experience with CIC formation and compliance.

How We Can Help:

Choosing the right CIC structure
Preparing articles of association
Drafting community interest statements
Ongoing compliance support

Or call us on 01582 487594