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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.


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Ambitions4Kirklees, which is a community interest company, employs four staff as well as Bev and Liz as paid directors.
Helped byWaves they formed a Community Interest Company and within months were coaching hundreds of youngsters and offering activity classes to toddlers in Sure Start centres and older people in pensioners' groups.
Aimes, a community interest company based on Liverpool Innovation Park, was set up in 2002 to exploit business opportunities arising from seeing the internet as a platform for services.
 
 
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