Convert a Private Limited Company to an OPC

A private limited company can convert itself into an OPC if it has a paid-up capital ofless than Rs. 50 lakh and an annual turnover of less than Rs. 2 crore.

Get Started At 9,999 + Govt fees

Convert a Private Limited Company to an OPC

WHY Eformation

35 Working Days

Just tell us a little bit about your business and you'll have gone public 35 working days later. During this time, we'll have the word private removed officially from your name, alter the Articles of Association and complete all the requirements necessary to form a public limited company.

9.1 Customer Score

We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

Strong Team

Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.

ADVANTAGES OF ONE PERSON COMPANY

Limits Director's Liability

Businesses often need to borrow money. In structures such as the Sole Proprietorship, proprietors are personally liable for all this debt. So if it cannot be repaid by the business, the proprietor would have to sell his/her car, house or jewellery to do so. In an OPC, only the amount invested in starting the business would be lost; all personal property would be safe.

Continuous Existence

If a promoter were to operate as a Sole Proprietorship, rather than an OPC, the business would come to an end on his/her death. As an OPC has a separate legal identity, it would pass on to the nominee director and, therefore, continue to exist.

Fewer Compliances

An OPC can only have one director and shareholder, so annual filings are much reduced, as is work relating to share certificates and the statutory registers.

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