Social enterprise formation · Northern Ireland

Community Interest Company (CIC) Formation

Form your community-focused company with CIC filing and community interest statement guidance from our Belfast team.

  • Established 1994
  • 22,000+ companies formed
  • Belfast-based support

Is a CIC right for you?

For organisations trading for a clear community purpose

A CIC is a limited company with extra rules designed to protect its community purpose. It can trade commercially, employ staff and make a profit, but its assets are subject to an asset lock.

  • Social enterprises and community businesses
  • Trading activity with a defined community benefit
  • A structure that signals social purpose
  • Directors willing to explain and maintain that community purpose

What’s included

  • Company formation application
  • Guidance with the community interest statement
  • Companies House and CIC formation requirements
  • Formation documents after incorporation
  • Share certificates where the CIC is limited by shares
  • Support and guidance throughout your CIC setup

How it works

From name check to formation

1

Check your name and apply

Check your CIC name, then tell us about the directors, ownership and community benefit.

2

We review and file

We review the company and community-interest details, complete the required checks and submit the CIC formation.

3

Receive your documents

After incorporation, you receive your company documents and confirmation of registration.

Check your CIC name

What we’ll need

Information to have ready

  • Proposed company name and registered email
  • Directors and their Companies House personal codes
  • Shareholders or members and PSC information
  • The activities the CIC will carry out
  • A clear explanation of the community benefit

Not sure if CIC is right?

If your organisation is non-profit or membership-led rather than a trading social enterprise, a company limited by guarantee may be more suitable.

Compare with a guarantee company →

CIC FAQs

What is the asset lock?

CIC assets are protected for community benefit, with restrictions on how assets can be transferred or distributed.

Can a CIC make a profit?

Yes. A CIC can trade and make a profit, but the asset lock and CIC rules restrict how certain assets and distributions can be used.

What is the community interest statement?

It explains who the CIC is intended to benefit and how its activities will create that community benefit. Our order process collects the information needed to prepare it.

Can a CIC be limited by shares or guarantee?

Yes. A CIC can be limited by shares or limited by guarantee. The choice affects how the organisation is owned and governed, so it should be decided carefully when the CIC is formed.

Can a CIC also be a charity?

No. A Community Interest Company cannot itself have charitable status. If charitable status is required, a charity structure should be considered instead.

Does a CIC name have to include CIC?

A private CIC's registered name must end with either 'community interest company' or 'CIC' (with or without full stops).

Does a CIC have additional requirements after formation?

Yes. Alongside the normal company requirements, a CIC must continue to comply with its community purpose and asset lock and submit its annual CIC34 report explaining its activities and community benefit.

Ready to form your CIC?

Check your proposed name, then continue straight into the online order.

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