Missed the Conversion Deadline? Company Names and Consequences…
10 February 2017
End of Transition Period
The Companies Act 2014 (“the 2014 Act”) provided for an 18 month transition period for private companies limited by shares to convert to one of the new company types. This period ended on 30 November 2016. From 1 December 2016, it has no longer been possible to elect to convert to a LTD or DAC and the forms for the conversion process (N1, N2 and N3) have ceased to have any legal effect.
To find out about the consequences of non-conversion and what your company can do now, please download the document below.