What is the best legal structure to adopt as a Community-owned shop?

There are a number of options with regards to legal structures and it is important to do your homework and choose a structure which best reflects your needs.
The majority of community shops (70%) have selected an Industrial and Provident Society for the Benefit of the Community; this is a tailor-made option for community shops and the Plunkett Foundation can organise this for you. For further information read our advice sheet on Industrial and Provident Societies for the Benefit of the Community or contact our central office.
Other options are an Industrial and Provident Society Co-operative, a Community Interest Company or a Company limited by guarantee.
Further details can be found through our advice sheets on legal structures.