"They are in separate sections on the form as members/subscribers and directors are different things, but as you are using the model articles of association (the set of rules for your CIC) for "small membership" you are required to make…"
"Thank you very much for your reply, James. I really appreciate it. Everything you say makes sense - but I'm still unclear about how the above relates to the IN01 form "application to register a company", in which the directors and…"
Hi everyone,Just wondering if anyone is able to help clarify some of the points on the model A of A (from the gov website) please?I'm a bit confused by 26. 3, which states that "Each member of the company shall be a Director".Is "member" synonymous with "subscriber", e.g. those who offer a guarantee?Are there "first directors" and then 'other directors' e.g. 'member-directors'?See More
Hello! Just wondering if anyone might be able to help with a query please? Is there a limit to the number of directors a CIC can have? Our organisation has 16 members who would like to be both subscribers (CIC, private, limited by guarantee) and directors. Is there anything which prohibits this?See More
Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More