Which category should I select when signing up as a CIC/not-for-profit?

NWID — Thu, 01 May 2025 15:44:23 GMT

The title of this thread has been edited from the original: CIC/Not for profit category

I'd like to sign up to Square, but I'm unsure which business type and category I should place my business under?

I run a CIC (not for profit) which deals with health and wellbeing.

Thank you.

Re: CIC/Not for profit category

Summer2024 — Tue, 29 Apr 2025 22:05:29 GMT

Hi, @NWID ! Welcome to the Square Community! I am so glad you are considering using Square to support your CIC. I've provided an outline below of what your options are when it comes to selecting the business category.

Business Category Selection:

For health and wellbeing, you have several relevant options:

Healthcare Services:
1. Medical Services (8099)
  - NHS-registered practitioners
  - Private healthcare providers
  - Alternative medicine practitioners
  - Complementary therapists
2. Health Practitioners (8011)
  - Private doctors
  - Healthcare professionals
  - Registered medical practices
  - Health consultants
Wellness and Therapeutic Services:
1. Health and Beauty Spas (7298)
  - Wellness centres
  - Day spas
  - Beauty therapy
  - Holistic treatment centres
2. Personal Care Services (7298)
  - Massage therapy
  - Physiotherapy
  - Osteopathy
  - Acupuncture
Fitness and Physical Health:
1. Physical Fitness Facilities (7997)
  - Fitness centres
  - Yoga studios
  - Personal training
  - Wellness studios
Mental Health and Counseling:
1. Counseling Services (8099)
  - Mental health practitioners
  - Psychologists
  - Counselors
  - Therapists

Required Information:

Business Details:
- CIC registration number
- Registered business address
- Contact information
- Company directors' details
Financial Information:
- Bank account details
- Sort code
- Account number
Documentation:
- CIC incorporation documents
- Proof of address
- ID verification

Best Practices for UK CICs:

Tax Considerations:
- Ensure VAT settings are correct
- Set up appropriate tax categories
- Configure Gift Aid if applicable
Compliance:
- Keep CIC regulatory requirements in mind
- Maintain proper transaction records

I hope this helps!

Re: CIC/Not for profit category

NWID — Tue, 29 Apr 2025 22:22:56 GMT

Thank you Summer2024

Much appreciated!

thread Re: CIC/Not for profit category in Payments Troubleshooting

Which category should I select when signing up as a CIC/not-for-profit?

Re: CIC/Not for profit category

Re: CIC/Not for profit category