CIC-LBG Essential Formation — Professional CIC Limited-by-Guarantee Formation — £249, £249.00

£249
CIC-LBG Essential Formation — Professional CIC Limited-by-Guarantee Formation

This CIC-LBG Essential Formation package is designed for organisations that already know they want to establish a Community Interest Company limited by guarantee and whose intended organisation, people and governance arrangements are relatively straightforward.

The package is suitable where the proposed directors, members or guarantors and intended governance arrangements can proceed through the ordinary CIC limited-by-guarantee formation route. You provide information about your organisation, its community purpose, activities and the people involved; Coddan professionally reviews that information, prepares the relevant CIC and company formation material and implements the incorporation application.

The package includes the £115 Companies House CIC registration fee. Following successful incorporation, the core digital establishment documents will be provided to you electronically, including:

About the CIC limited-by-guarantee incorporation procedure

We will prepare and implement the incorporation of your Community Interest Company limited by guarantee using the appropriate standard CIC-LBG constitutional framework. You can provide your proposed organisation name, information about its community purpose and activities, details of the directors and members or guarantors and other relevant formation information through our online application process.

The formation process considers the organisation as a whole rather than treating the people involved simply as entries on a formation form. For a straightforward CIC-LBG, the intended directors, members or guarantors and governance arrangements are incorporated into the appropriate company and CIC establishment process.

Coddan will review the information provided before the incorporation application is submitted electronically. We consider the supplied formation information for obvious omissions, inconsistencies or points requiring clarification and can contact you if additional information is required to proceed.

Our professional formation service includes preparation of the CIC establishment information and the CIC36/community-interest statement based on the information supplied about your organisation, its intended community purpose and activities.

If you require assistance or general guidance with the information required for the CIC-LBG formation process, we can arrange an initial consultation by email, telephone or video call.

If you require basic or general information regarding our online order forms, CIC incorporation procedures, fees or applicable company requirements, feel free to contact us on: +44 (0) 207 935 5171 or 0330 808 0089.

When your CIC will be established

We prepare and submit your completed CIC-LBG incorporation application electronically following our professional review.

Coddan's preparation and submission process is distinct from the external consideration and registration process involving Companies House and the CIC Regulator. Completed registration timing therefore depends upon the applicable filing route, the application and external processing.

Speed is an implementation capability, not a substitute for correct preparation. Providing complete and accurate information and completing any required verification promptly helps the formation process proceed efficiently.

About identity verification and compliance requirements

As an Authorised Corporate Service Provider (ACSP), Coddan must comply with applicable identity-verification and customer due diligence requirements when providing company formation services. The applicable verification requirements depend on the people involved in the proposed CIC and their circumstances.

Directors must complete the applicable Companies House identity-verification process and, where applicable, persons with significant control (PSCs) may also have identity-verification requirements. UK and overseas participants can use available verification routes where eligible.

Where Coddan carries out the applicable verification process, you will receive instructions from our compliance team regarding the identification documents and information required. Depending on the verification route and your circumstances, this may include identity-document information and other verification information requested through the applicable secure process.

Completion of the required verification is an important part of the formation process. Delays in providing the required information or completing the applicable verification process may result in a delay to the incorporation service.