Solicitors & Lawyers
Legal Phrases
Term: community interest company
1.
A community interest company is a company that pursues intersts beneficial to the community. The company name must contain the words 'Community Interest Company' or 'CIC'
Community Interest Companies are prohibited from issuing dividends, except to investors who hold investor shares. Charities cannot be CICs, however they may have subsidiaries that are.
Usage: The Community Interest Company was formed to administer social leisure services in the community.
Related Words: company; limited liability; private company; public company; shares; share capital; partnership; LLP; limited liability partnership.
Companies: Internal Governance – Directors' Liabilities under the Companies Act UK
Companies: Internal Governance – Directors’ Duties Under the Companies Act 2006
Intellectual Property Protection – Knowing your own Intellectual Property - Intellectual Property Due Diligence in the Sale of Businesses
T: +44 20 7353 2732
F: +44 20 7353 2733
Email Us
Contact lawyers
Sitemap
Technology | Commercial | Corporate law firm | London UK
Solicitors & Lawyers | Copyright | Gillhams 2005 - 2008
