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can we convert a Team Managed project to a Company Managed project
This is not possible at the moment.
You have to create a new Company Managed project, and move all the issues from the old project into it.
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Step by step guide to convert team managed to company managed project is explained in https://support.atlassian.com/jira-software-cloud/docs/migrate-between-team-managed-and-company-managed-projects/
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