If anyone is interested in looking at CIOs, I have just produced a briefing on these. I think CIOs could be a very effective tool for CICs to use if they wish to set up a charitable arm to their activities, as well as reducing the regulatory burdens for existing charitable companies. There is also the potential to convert from a CIC to a CIO which is useful in a range of scenarios, including to benefit from tax exemptions as a charity. The briefing can be found by clicking here
. Would be interested to hear anyone's thoughts on the potential of CIOs.