- Company Conversion
Company Conversion
What is Company Conversion?
Company conversion is the process of changing a business’s legal form, such as converting a Close Corporation (CC) into a Private Company ((Pty) Ltd).
Think of it like this…
It’s upgrading your legal form — same core business, different structure.
Why does it matter?
- May be required for funding or compliance
- Changes governance, shareholding, and reporting obligations
- Once converted, you can’t switch back to a CC
Best practice
Follow CIPC forms and resolutions, then update all registrations and contracts after conversion.