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A Charitable Incorporated Organisation (CIO) is a corporate form of business designed for (and only available to) charitable organisations in England and Wales, similar to (but with important differences from) a Scottish Charitable Incorporated Organisation. CIO status is conferred by the Charity Commission for England and Wales on application by the proposed members of the CIO. Usually the members are also the proposed trustees, but this is not a requirement. There is currently no means of converting a CIO to any other legal form - although it could be wound up and its assets transferred.

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  • Charitable incorporated organisation (en)
  • Charitable Incorporated Organisation (de)
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  • Eine Charitable Incorporated Organisation (CIO) ist eine spezifisch im Vereinigten Königreich vorkommende Rechtsform von gemeinnützigen Organisationen. Der Status einer CIO wird durch die Charity Commission auf Antrag verliehen. Der wichtigste Vorteil für eine CIO ist die damit verbundene Rechtspersönlichkeit, also die Fähigkeit * Verträge im Namen der Organisation einzugehen * Besitz zu verwalten (statt im Namen der Treuhänder) und * für Mitglieder der Organisation, die nur noch beschränkt für ihre Handlungen im Namen der Organisation haftbar zu machen sind. (de)
  • A Charitable Incorporated Organisation (CIO) is a corporate form of business designed for (and only available to) charitable organisations in England and Wales, similar to (but with important differences from) a Scottish Charitable Incorporated Organisation. CIO status is conferred by the Charity Commission for England and Wales on application by the proposed members of the CIO. Usually the members are also the proposed trustees, but this is not a requirement. There is currently no means of converting a CIO to any other legal form - although it could be wound up and its assets transferred. (en)
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  • A Charitable Incorporated Organisation (CIO) is a corporate form of business designed for (and only available to) charitable organisations in England and Wales, similar to (but with important differences from) a Scottish Charitable Incorporated Organisation. CIO status is conferred by the Charity Commission for England and Wales on application by the proposed members of the CIO. Usually the members are also the proposed trustees, but this is not a requirement. The main benefits of the form are that the charity has legal personality (the ability to enter contracts, sue and be sued, and to hold property in its own name – rather than in the name of its trustees), and its members have limited liability (their liability in the event the charity becomes insolvent is limited or nil). Historically these benefits were only available to limited companies, and many charities chose to incorporate as charitable companies limited by guarantee. However, this requires registration and filings with both Companies House and the Charity Commission for England and Wales, each of which has its own regulations and requirements. In contrast a CIO only needs to register and file accounts and returns with the Charity Commission. This aims to reduce bureaucracy for the charity. Uniquely among limited liability corporations in the UK, smaller CIOs in England and Wales can opt to file receipts and payments accounts, rather than the accruals accounts usually required. But one disadvantage of the form for larger charities is that, unlike for charitable companies, there is no public register of lenders' charges over the corporation's assets, and this can make it harder to arrange finance. Almost any existing charity, including charitable companies, can apply to "convert" to a CIO. Strictly speaking the CIO is a new entity, and there is no continuity of legal personality with the former charity. (Despite a natural reading of Chapter Four of the Charities Act 2011, this is true even where the precursor charity is a charitable company.) This can have profound effects on continuity of business, and can be a disincentive to conversion. There is currently no means of converting a CIO to any other legal form - although it could be wound up and its assets transferred. (en)
  • Eine Charitable Incorporated Organisation (CIO) ist eine spezifisch im Vereinigten Königreich vorkommende Rechtsform von gemeinnützigen Organisationen. Der Status einer CIO wird durch die Charity Commission auf Antrag verliehen. Der wichtigste Vorteil für eine CIO ist die damit verbundene Rechtspersönlichkeit, also die Fähigkeit * Verträge im Namen der Organisation einzugehen * Besitz zu verwalten (statt im Namen der Treuhänder) und * für Mitglieder der Organisation, die nur noch beschränkt für ihre Handlungen im Namen der Organisation haftbar zu machen sind. Ursprünglich waren solche Rechte auf Limited Companies bescrhänkt und viele Charities formten Private company limited by guarantee. Dadurch wurde es für die Organisationen notwendig, sich gleichzeitig bei Charity Commission und dem Companies House anzumelden, die beide unterschiedliche Anforderungen an die Organisation haben. Im Unterschied dazu muss eine CIO nur gegenüber der Charity Commission for England and Wales bzw. dem Rechenschaft ablegen. Damit soll die Bürokratie für Stiftungen reduziert werden. Kleinere CIOs können sogar mit einer Einnahmenüberschussrechnung abrechnen. Nachteilig kann für die Charities sein, dass sie anders als andere Formen von gemeinnützigen Unternehmen kein öffentliches Register von Pfandrechten gibt, und sich damit die Organisation von Finanzen schwieriger gestalten könnte. Die Mehrheit der Charities in Großbritannien einschließlich der zuvor üblichen Gesellschaftsformen können in eine CIO überführt werden. Der umgekehrte Fall, also die Umfirmierung einer CIO in eine „normale“ Gesellschaftsform ist nicht vorgesehen. (de)
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