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JGM, Solicitor
Category: Scots Law
Satisfied Customers: 11745
Experience:  30 years as a practising solicitor.
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We have a hostel business in Scotland, currently run as a

Resolved Question:

We have a hostel business in Scotland, currently run as a limited company with shares, registered in England.
We want the business to be run as a CIC, registered in Scotland.
Can you tell me please how I go about making the conversion.
Submitted: 1 year ago.
Category: Scots Law
Expert:  JGM replied 1 year ago.

You set up a company limited by guarantee and appoint the directors. The assets are transferred, under the supervision of your accountants, I would suggest, to the new company who can then deal with the detail of the CIC.

JGM and 2 other Scots Law Specialists are ready to help you
Customer: replied 1 year ago.
Thank you, ***** ***** help me on my way.