If you are a Community Interest Company (CIC) you can apply to convert directly to a charitable incorporated organisation (CIO). The Charity Commission has published guidance on how to convert a CIC to CIO under the Charitable Incorporated Organisations (Conversion) Regulations which came into force on 1 September 2018. 
For further information, visit: www.gov.uk/guidance/convert-a-community-interest-company-to-a-cio
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