Changing between legal structures
A not for profit organisation can change its legal structure. In fact, it is common for an incorporated association to change its legal structure to a company limited by guarantee. However, any change to the legal structure of a not for profit organisation will have consequent legal and administrative costs, and without the right legal advice can be time consuming.Some other common transitions include transferring a company limited by guarantee or a co-operative to an incorporated association and if the group is and indigenous organisation, transferring its registration as an incorporated association or company limited by guarantee to an indigenous corporation.
Disclaimer – Reliance on Content
The material distributed is general information only. The information supplied is not and is not intended to be, legal or other professional advice, nor should it be relied upon as such. You should seek legal or professional advice in relation to your specific situation.