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James Macfarlane
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James Macfarlane replied to George Pepper's discussion Bank account appropriate for a CIC in the group Setting up a CIC
"Yes, it was straighforward enough. One potential trouble may be the limited number of Co-op bank branches, but we only used it online, not for paying in or withdrawing cash."
Nov 12
James Macfarlane replied to George Pepper's discussion Bank account appropriate for a CIC in the group Setting up a CIC
"I've used The Co-operative Bank in the past for a CIC. https://www.co-operativebank.co.uk/business/products/current-accounts/community-directplus"
Nov 11
James Macfarlane replied to Tanya Hayter's discussion Which set up? in the group Setting up a CIC
"Hi Tanya You said you'd registered as a sole trader. Was this with HMRC? You can't "convert" a sole trader to a CIC, so you would need to form a CIC. On the other hand, if you already have a company then you can convert this to a…"
Jul 22
James Macfarlane replied to Tanya Hayter's discussion Which set up? in the group Setting up a CIC
"Hi Tanya Have a look at the step-by-step guidance on setting up a CIC at https://www.gov.uk/government/publications/community-interest-companies-business-activities/cic-business-activities-forms-and-step-by-step-guidelines If you have specific…"
Jul 22

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At 7:22 on April 26, 2018, Alex Thomson said…

Great. Thanks again.

At 19:23 on April 25, 2018, Alex Thomson said…

Hi James. Am I right in assuming that if you are a director, you don't have to register as a PSC by virtue of directors having significant control in their role?

At 7:13 on April 25, 2018, Alex Thomson said…

OK. It would seem that 3 directors will suffice. Many thanks James

At 16:07 on April 24, 2018, Alex Thomson said…

Thanks James. Do you think 3 subscribers would be enough for company credibility?

 
 
 

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