How can I convert an existing company to a CIC
?
You must first pass 3 special resolutions to: i) alter the company Memorandum to state that it is a CIC; ii) alter the Memorandum and Articles of Association to conform with the requirements for a CIC; and iii) to change the name of the company to one of the CIC designations. The company must deliver these resolutions to the Registrar having allowed a prescribed period for members to raise objections. You will also have to send the Registrar: a community interest statement, a declaration that the company will not be an excluded company and either a declaration that the company is not a charity or, if it is a charity, a statement that the Charity Commission has consented to the company changing its name.