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Community Interest Company |
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Community Interest Company A for-profit company in the United Kingdom that has statutory duties other than making a profit for owners. It may be formed for many purposes, such as to improve a community or to protect the environment. It is treated as a for-profit company for legal and tax purposes. It is not prohibited from making a profit, but it is subject to fewer regulatory requirements than a non-profit in the United Kingdom. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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