Small business-changing a company type
During the life of your company, the activities or nature of what you are doing may change so much that the existing company type no longer suits your needs. If this is the case, you may decide to change your company type.
This is a serious step, so we recommend you seek legal advice before making such a change.
Under the Corporations Act, only certain types of conversions are allowed, including changing a proprietary company limited by shares to:
an unlimited proprietary company
an unlimited public company
a public company limited by shares
Once this has been done, we will publish a notice in the Commonwealth Gazette stating that we intend to change the company's registration. This change will take effect one month after the notice is published.
More information on this topic
More information on the ASIC website
For a list of the types of conversions that are permitted under the Corporations Act and further information regarding changes to company types, see Information Sheet 18 Changing company type.