Top 10 of 22 law firms for Community Interest Companies, Company Law | Southwark, London
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A Community Interest Company (CIC) is a special form of company created to benefit the community. It covers commercial activity carried out with a social purpose, subject to an asset lock and a community interest test. A solicitor will help set up the CIC, advise on its community purpose, draft the articles to include the asset lock and director duties, and handle registration with Companies House and oversight by the CIC Regulator. They may also assist with ongoing reporting and governance to protect the community focus of the entity.