"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."
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James Macfarlane's Page
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"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"
"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…"
"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…"
Profile Information
Comment Wall (4 comments)
- At 7:22 on April 26, 2018,
Alex Thomson said…
Great. Thanks again.
- At 19:23 on April 25, 2018,
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,
OK. It would seem that 3 directors will suffice. Many thanks James
- At 16:07 on April 24, 2018,
Thanks James. Do you think 3 subscribers would be enough for company credibility?
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