Community Interest Company (CIC)

A Community Interest Company (CIC) is a special type of UK business designed to serve community or social objectives. It operates like a standard company but must reinvest its profits into community-benefiting activities. CICs are regulated to ensure they prioritize social impact over profit, with assets and profits protected to benefit the community or cause they serve. They are suitable for social enterprises, charities, or initiatives aiming to generate positive change while operating in a sustainable, business-like manner.