company conversion vs company transformation

Both 'company conversion' and 'company transformation' are correct phrases, but they are used in different contexts. 'Company conversion' typically refers to changing the legal structure of a company, while 'company transformation' usually involves a more comprehensive change in the organization's strategy, culture, or operations.

Last updated: March 25, 2024 • 962 views

This phrase is correct and commonly used in the context of changing the legal structure of a company.

"company conversion"

This phrase is used when a company changes its legal structure, such as converting from a partnership to a corporation.

Examples:

The company conversion from a limited liability partnership to a corporation was completed smoothly.
The company is undergoing a company conversion to streamline its operations.
Company conversion can have significant tax implications.
The legal team is handling the company conversion process.
The company conversion process requires careful planning and execution.

Show examples from the web [+]

47). and that the transposition deadline for this directive is 31 December 2008; fears that further amendments to these directives could lead to the harmonised company conversion rules being deprived of substance;
Annual expenditure planned or overall amount of individual aid granted to the company (Rural Conversion Grant Funds (RCG))
Annual expenditure planned or overall amount of individual aid granted to the company (Rural Conversion Grant Funds (RCG)) 2003/04: GBP 415000
TV2's conversion into a limited company took place with retroactive effect from 1 January 2003.
Conversion of an existing public limited-liability company into an SE
And he had me draw up articles of corporate conversion turning the company into a nonprofit foundation.
Thirdly, we need a Commission proposal that can strengthen companies' social responsibility, especially in the light of outsourcing and the major problems involved in European conversion.
Instead the company obtained a benefit by sourcing raw materials from domestic suppliers through the conversion of the licences into ARO.
Regarding criterion 5 the company claimed that exchange rate conversions in TMR roubles are carried out at market rate resulting from free sales and purchases of currencies.
Furthermore, this company claimed an adjustment for currency conversions in accordance with Article 2(10)(j) of the basic Regulation.
The general meeting of the SE shall approve the draft terms of conversion together with the statutes of the public limited-liability company.
Where I part company with the rapporteur is in my belief that we will need European action to ensure that banks do not pass on to customers conversion costs in stage 3 of EMU.
Other car companies began to comply, often with conversions of gas cars but with many of the same advantages of the EV1.
Yet it should be possible to grant temporary State aid to a company such as Opel Antwerp provided such aid is channelled towards a conversion to more innovative production.
The conversion of earnings into pension contributions has to implemented through public bodies offering supplementary private pensions or, as the case may be, undertakings that are part of the Sparkassen finance group or local authority insurance companies (Kommunalversicherer).
The aid promotes the initial equipment with biogenic lubricants and hydraulic fluids and the corresponding conversion of machinery and plant, so as to give companies an incentive to use these environmentally friendly materials.
From the information given in the written question regarding the allocation of shares during the Building Society's conversion into a public limited company (plc), it is not possible to determine whether there is discrimination on grounds of residence.
Title of aid scheme or name of company receiving individual aid | Carmarthenshire County Council - Llanelli Urban Conversion Grants |
To that end, they established a company, Flughafen Niederrhein GmbH (hereinafter 'FN GmbH'), to manage the conversion of the former military airfield for subsequent civilian use.
Banks and companies will all earn back the costs incurred during the currency conversion, or they will receive compensation.

Alternatives:

business conversion
entity conversion
corporate conversion
legal entity conversion
organizational conversion

This phrase is correct and commonly used to describe a comprehensive change in a company's strategy, culture, or operations.

"company transformation"

This phrase is used when a company undergoes a significant change in its strategy, culture, or operations to adapt to new market conditions or challenges.

Examples:

The company transformation led to increased efficiency and profitability.
Undergoing a company transformation requires strong leadership and employee buy-in.
The company's success was attributed to its successful company transformation.
The company transformation process involved restructuring the entire organization.
The CEO spearheaded the company transformation initiative.

Show examples from the web [+]

The aluminium produced in these plants and supplied duty free is mainly used for further transformation within companies linked to these holdings.
Since Community industrial policies are constantly leading to the conversion and transformation of companies, how can we incorporate in this sectoral consultation the European trade unions?
It should, however, be mentioned that on 21 June 2005, The Ministry of Justice adopted a new Circular (G-6/05) on the procedure of transfer of real estate in connection with mergers, de mergers and transformation of companies [27].
The transformation into a public limited company was done in order to give RTP a more flexible company form and thereby put it on an equal footing with private operators.
In the case of an SE established by way of transformation, this paragraph shall not apply if there is participation in the company to be transformed.
The creation of an SPE by way of transformation, merger or division of companies should be governed by the applicable national law.
In other words, our companies which are involved in the transformation of various products imported from these countries will be more competitive.
In the past two to three years the venture capital market has gone through a significant transformation as investment returns from early stage and smaller growth companies have declined.
With a move to new premises, the company also wishes to stimulate its cultural transformation into modern and dynamic airline.
In order to make the SPE an accessible company form for individuals and small businesses, it should be capable of being created ex nihilo or of resulting from the transformation, the merger or the division of existing national companies.
In order to allow private companies to remain flexible in economic transactions they must also have some scope for transformation, including mergers, relocation of registered offices or flotation (changing forms of company to an SE).
On 1 January 2010 Finavia was transformed into a public limited company by Act 877/2009 on the transformation of the Civil Aviation Administration into a public limited company.
SWR often undergo further transformation by the Community industry and/or its related companies, (i.e. cutting, splicing and the fitting of fittings or the transformation into other articles such as slings, etc.).
Upon its transformation into a public limited company in 1992, RTP was exempted from the payment of the notarial and registration charges related to the registration of the legal transformation of RTP from a public company into a public limited company.
Formation by transformation shall not give rise to the winding up of the company or any loss or interruption of its legal personality.
The current negotiations may result in a 'package' regulating membership, thereby sanctioning the economic transformation of the Iraqi economy in international law, and foreign companies would have a free hand in the country.
In 2002, KH was created through the transformation of the reintegration services of the Dutch Ministry of Employment and Social Affairs into a private limited liability company.
It is stated, moreover, that the provision corresponds to similar provision in relation to the other transformations of state enterprises to public limited companies.
Therefore, as specifically required by Law 84/88 that governed the transformation of public undertakings into public limited companies, such acts had to be carried out also by way of legislation.
This is in particular because the transformation into a private-law company also meant that DPLP stopped employing civil servants and only hired contractual employees (subject to a general employment contract and labour law requirements).

Alternatives:

business transformation
organizational transformation
enterprise transformation
corporate transformation
strategic transformation

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company conversion vs company transformation