Charitable companies to an Incorporated Organisation

Converting a Charitable Company to a Charitable Incorporated Organisations is now possible!

Charitable Incorporated Organisations (CIOs) were established as a new form of legal entity for not-for-profit organisations in 2013. CIOs provide the entity with its own legal personality and limited liability so that it’s members and trustees would not be required to contribute in the event of a financial loss. This is already the case for incorporated charities, but the CIO is only registered with the Charity Commission, removing the need to register and report to Companies House. 

Prior to new legislation being passed in November 2017 any charitable company that wanted to convert to a CIO had to wind up the old organisation and set up a new CIO. This conversion process should now be simpler and quicker.

Small charitable companies with an annual income of less than £12,500 are now able to convert to a CIO. In addition, the planned phased dates for larger charitable companies are as follows:

Date of the annual income

1 January 2018 Less than £12,500
1 March 2018 Between £12,500 and £25,000
1 May 2018 £25,000 and £100,000
1 June 2018 £100,000 and £250,000
1 July 2018 £250,000 and £500,000
1 August 2018 Greater than £500,000

Further guidance on conversion can be found on - Gov.uk - Changing charity structure

Please contact our charities team to discuss whether restructuring you charity is right to do:

    01743 273273

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