Traditionally, charities used to set up trading subsidiaries (as standard limited companies) where they owned all the shares in the subsidiary. This was in order undertake trading activity that wasn’t part of the charity’s objects/core activities
Charities receive a lot of benefits due to the special nature of their legal structure – it is specifically for organisations that are doing something charitable and intending to have a public benefit.
This is such a common question, especially now conversion from a CIC (Community Interest Company) to a CIO (Charitable Incorporated Organisation) is much easier than it was previously.
People often ask about where they can get trustees or Board members from and where they can advertise these roles without paying high fees. Listed here are some of the options.