Charity Formations & Conversions
New Charities being formed are almost exclusively taking up the new Charitable Incorporated Organisation (CIO) route. This allows Trustees and the organisation to have ‘limited liability’ and hold land in the charity’s name just like charitable companies whilst being registered and therefore regulated only with the Charity Commission, reducing the headache that comes with being Companies House regulated as well.
This can help reduce the cost of extra compliance and regulation whilst keeping the benefits incorporation provides.
Furthermore, as of January 2018, company charities can convert to CIOs allowing them to keep their charity numbers & history and staying incorporated but de-listing from companies house.
Contact us today to start off the process of registering your new charity or converting your current one and we can help guide you throughout the process.