CIC Association

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David E Alexander's Blog – April 2010 Archive (1)

A question regarding setting up a CIC before you have a CIC registered

In short I am involved in buying a village shop as a community, we are going to create a community interest company to do this but there are some challenges about how we operate ahead of the formation of CIC, these are as follows

  1. We do not want to set up company until we are sure we will buy the shop so as to avoid asset lock of communities members cash so the solicitor is going to hold the funds. The other reason to avoid forming the CIC until we are certain it…

Added by David E Alexander on April 21, 2010 at 13:10 — 3 Comments


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