Charitable Incorporated Organisation (CIO) Registration

Overview:  Charitable Incorporated Organisation – is a legal form of corporate body with limited liability designed specifically for charities.

Purpose: Registration of Charitable Incorporated Organisation (CIO)

Main specifications:

• a legal entity
• regulated by the Charity Commission and subject to charity law
• the asset lock  – the assets and profits must be permanently retained within the CIC and used solely for community benefit, or transferred to another organization that itself has an asset lock, such as a charity, or another CIC
• no minimum registration threshold

Registering authority: the UK Trade Register and Office of The Charity Commission

Term of registration: 7-10 working days

Personal presence: Optional

Conditions for registration:

• Director – Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction (at least 1 director must be an individual)
• Registered office address in the UK

Required documents:

• Passport or European ID card (for all associated persons)
• Proof of residential address not older than 3 months (for all associated natural persons)
• Extract from the Trade Register not older than 3 months (for all associated legal persons)
• Document, authorizing to use of the registered office address (Copy of the Rental Agreement, Authorization Letter from the Owner, Certificate on Property)
• Confirmation of the fulfillment of minimum share capital requirements (deposit of £ 50.000)
• Power of attorney (in case of remote registration)
• Signed copy of the Constitution