Charities:

What are Charitable Incorporated Organisations?

Charitable Incorporated Organisations (CIO) are a new type of legal entity, designed specifically for non-profit organisations. It has filled the hole that for the last 400 years has caused other legal structures, intended for contrasting purposes, to be used to help provide charities with a practical and effective incorporated vehicle. The creation of this new legal body will allow the organisation to have the benefits of being a company without the burdens. It was created in response to a number of requests for charities to have some of the benefits of being a company. This was due to increased pressures… read more