How to change a company type with ASIC
Check that the conversion is permitted and use Forms 205 and 206 rather than Form 506.
Source review: 2026-11-06. General procedural information, not legal or tax advice. Check the linked ASIC instructions before lodging; forms, fees and portal screens can change.
Before you start
- Confirm the existing and proposed company types and the permitted statutory conversion.
- Check the new officer, member and governance requirements with a qualified adviser.
How to complete the process
- Pass the required special resolution and record it.
- Prepare Form 205 notification of resolution and Form 206 application for change of company type.
- Use the current Form 206 page for the permitted lodgement channel, including its signed-PDF email instructions where applicable.
- Track ASIC’s Gazette notice and confirmation of the completed type change.
After lodgement or completion
- Update governance records and obligations for the new company type after ASIC completes the change.
Important limits and exceptions
ASIC’s how-to page describes the change occurring one month after Gazette publication. Form 506 is an external administrator’s address-change form, not a company-type form. Special-purpose company status is a separate concept.
Official ASIC sources
Related ASIC how-to guides
All ASIC guides and official forms
Keeping the company record complete
Keep approvals, consents, submitted documents and lodgement receipts with the entity record. EntityFlo can help organise records and supported workflows; guidance about a form does not mean EntityFlo supports direct lodgement of that form. Website FloSec cannot sign, lodge or access your private company records.