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ARTICLE · 07 SEPTEMBER 2016

Conversion – Three Key Issues

If your company has not taken any action, it will be automatically converted to an LTD after 30 November 2016.

IrelandCorporate/Commercial Law

All private limited companies must convert into one of the types of company available under the Companies Act 2014 within a transition period of 18 months. As this transition period comes to an end shortly, we would like to highlight three key issues to you as they may have an impact on your decision on whether to convert to a private company limited by shares ("LTD"), a designated activity company ("DAC") or another type of company. For a detailed analysis of the conversion process, please read our Matheson Conversion Guide for Private Companies.

Watch the clock

  • The Companies Registration Office ("CRO") must process all of the documents relating to conversion including any new constitution of a company before any conversion can become effective. The CRO has advised that the conversion process should be started as soon as possible as it cannot guarantee that it will be able to process applications that are received towards the end of the transition period

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