Company may change its legal form under the conditions and procedure which have been prescribed by the provisions of Articles 478 to 482 of the Companies Act.
Concept of a Legal Form Change
By changing the legal form, a company converses from one legal form into another legal form, in accordance with Companies Act.
The change of the company’s legal form does not affect the legal personality of that company.
The provisions of the Companies Act governing establishment of a form of a company apply mutatis mutandis to the change of a legal form of the relevant company, unless this Act stipulates otherwise. Continue reading Company’s legal form change