CIC-LBG Particular Circumstances & Professional Implementation — Professional CIC-LBG Formation — from £579, £579.00

From £579
CIC-LBG Particular Circumstances & Professional Implementation — Professional CIC-LBG Formation for Particular Circumstances

This CIC-LBG Particular Circumstances & Professional Implementation package is designed for organisations that want to establish a Community Interest Company limited by guarantee but have a material circumstance that requires additional professional consideration before incorporation.

The package is suitable where something about the organisation, its directors, members or guarantors, governance arrangements, connection with an existing organisation, overseas participation, property or assets, or another material organisational circumstance makes the proposed establishment less straightforward. Coddan identifies what the particular circumstance changes, concentrates the additional professional work on that issue and implements the CIC-LBG formation proportionately.

The package includes the £115 Companies House CIC registration fee. Following successful incorporation, the relevant corporate, governance and establishment documentation will be provided to you electronically, including:

About the CIC-LBG particular circumstances and professional implementation procedure

We will first consider the material circumstance affecting your proposed Community Interest Company limited by guarantee and identify what, if anything, that circumstance changes within the establishment process.

You can provide information about your proposed organisation, its community purpose and activities, the directors and members or guarantors and the particular circumstance affecting the proposed CIC through our online application process. Coddan considers these practical facts as part of the professional formation process rather than requiring you to determine the legal or technical treatment yourself.

The additional professional consideration is concentrated on the issue that genuinely requires it. This may include more complicated relationships between directors and members or guarantors, particular membership or governance arrangements, a connection with an existing organisation, overseas participants, property or assets affecting establishment considerations, or another material organisational circumstance.

Standard aspects of the CIC remain standard wherever that treatment properly fits. Where the identified circumstance requires work materially beyond the defined package scope, the additional work will be identified and agreed before that work is undertaken.

Coddan then prepares and implements the appropriate CIC-LBG formation and establishment material, incorporating the proportionate treatment of the identified circumstance within the agreed package scope.

Your application and the prepared formation and establishment material will be reviewed by an experienced member of the Coddan team before the incorporation application is submitted electronically. We can contact you if clarification or additional information is required to implement the proposed arrangements properly.

If you require assistance or general guidance with the information required for the CIC-LBG particular circumstances and professional implementation 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 and consideration of the particular circumstance affecting the proposed organisation.

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 responding promptly to any request for clarification or required verification helps the formation and establishment 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.