How to Convert a Business Name to a Private Company

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Converting a business name to a private company is a strategic move that can provide legal and financial benefits. This guide outlines the essential steps to complete the process efficiently, ensuring compliance with regulatory requirements and a smooth transition.

  1. Access the Company Maintenance Portal

    Log in to the company maintenance portal and navigate to the application dropdown menu. Select the ‘Cessation to Convert’ option to initiate the process.

  2. Select the New Business Type

    On the cessation form, choose the business type you wish to convert to, such as a private company, partnership, or limited company. Save your selection and proceed to the next step.

  3. Upload the Signed DN-6 Form

    Prepare and upload the signed DN-6 form, which is a mandatory document for the conversion process. Save and continue after uploading the form.

  4. Review and Confirm Application Details

    Carefully review all the details provided in the application to ensure accuracy. Once confirmed, proceed to make the required payment for the application.

  5. Await Approval and Initiate Conversion

    After the cessation application is approved, you will receive an option to start the conversion process. Fill in the details of the new company type, submit the application, and make the necessary payment to complete the process.

Time Estimate: Approximately 2-4 weeks, depending on processing times and document verification.

Requirements

Company maintenance portal access
Signed DN-6 form
Payment method (credit card, bank transfer, etc.)