Many thanks, a lot of useful info. I think in the past I've come across something related to CIC and LTD being in partnership and having the same directors, and something about conflict of interest or being misleading etc. (I've…"
I see no reason why not. If your LTD co is giving money to your CIC without getting anything in return, it is essentially making a donation/gift to a good cause. Companies often make donations to charities and other good causes in their…"
Hi,First of all, I would like to thank for taking the time to help me out with my questions.I would like to set up a CIC with my wife (two directors), for activities we have been doing for the last 6 years (without CIC), but want to open more funding opportunities.We also have a commercial business (LTD) where we are both directors.My question is...Can we use our LTD business and sponsor our CIC? Send money to pay for free events, website costs, development etc. and appear as official sponsor?…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