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This is a status that was created for companies that are not driven by the objective of maximising profits for their shareholders, but with the intention of using their assets and profits for the good of the communities that they’re in.

These companies are made to be easy to set up, and they run on the basis that any money they make is not distributed to shareholders, but goes to improving the area around them.

Many community interest companies will still put profits back into the company, but that will be done with the intention of improving the community services that they offer.

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