CIC - Any one know much about them?

fengirl_2

I do indeed.

plasticpaddy

wages/earnings are NOT restricted in CICs,
there is a dividend cap and asset lock, which limits the amount of profit that can be taken out of the company, which can be seen as a negative to purely commercial interests. The positive is that you have a legally recognised social enterprise. With consumer/investment trends moving toward 'empathy-consumerism' it's a clear expression of your companies objectives.

There's a lot of misunderstanding around, if you want to be a fundraiser why wouldnt you give the general public the knowledge your not only in it for the money
just my humble opinion, i think CICs are great!

ahai1

Here is the wikipedia article for the CIC http://en.wikipedia.org/wiki/Community_interest_company