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  #1  
Old 18-04-2007, 10:09 PM
picene picene is offline
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Default Convert a Co-op to Limited Company

Hi,

Does anyone know how a Coop could be converted to a Limited company and what would be involved?
Any links/info gratefully accepted.
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Old 18-04-2007, 10:57 PM
Brendan Burgess Brendan Burgess is offline
 
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Default Re: Convert a Coop to Limited Company

This would be a very technical area.

The ICOS will tell you.

A few of the Co-ops such as the Irish Agricultural Wholesale Society, Kerry Coop and Avonmore, seemed to hive off their assets into Plcs and issue shares to their members.

Brendan
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Old 19-04-2007, 12:25 PM
RedStix RedStix is offline
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Default Re: Convert a Coop to Limited Company

Quote:
This would be a very technical area.
Brendan is correct by saying its a technical area. The reason being is that Co-Ops are incorporated and governed by The Friendly Society whereas Limited Companies are governed by the Companies Registration Office. To the best of my knowledge, i don't know if you can convert a Coop to a Ltd Co. I think it would involve something along the line of striking off the CoOp and registering a new company.

If you contact The Friendly Society on Parnell Square, they should be able to tell you more.
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