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    Conversion of OPC into Private Limited

    The concept of One Person Company was introduced to encourage small businesses to form Company with one member and one director only. The OPC can lawfully be converted into Private Limited either voluntarily or compulsorily to avail the benefits of Private Limited under Section 18 of the Companies Act, 2013.

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    Methods to convert OPC into Private Limited Company

    1. Voluntary Conversion

      • 2 years must have been expired from the date of incorporation, and
      • Paid up share capital ≤ 50 lakhs, and
      • Average Annual Turnover for preceding 3 financial years ≤ 2 Crore

    2. Compulsory Conversion

      • Paid up share capital > 50 lakhs, or
      • Average Annual Turnover for preceding 3 financial years > 2 Crore
    Click Here to know Mandatory Documents required for Conversion

    From Members & Directors

      1. Passport Size photograph
      2. PAN Card
      3. Aadhar Card
      4. Identity Proof– Driving Licence/ Passport/Voter ID card
      5. Address Proof– Bank Statement (not older than 2 months)

    From Company

    1. Address Proof – Utility Bill that is Electricity Bill or Telephone Bill (not older than 2 months)

    2. Incorporation Documents

        • MOA & AOA
        • Incorporation Certificate.

    3. Duly Certified Copy of Audited Financial Statements (Latest)

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    PAN surrender ()

    PAN & TAN ()

    GST Registration ()

    Department follow up ()

    Trademark Registration ()           (Excluding Government Fee)

    Logo Designing ()

    Domain Name Registration & Web Hosting for one Year ()

    Website Designing ()

    Experts Assistance ()

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    PREMIUM PACKAGE @20,000/-

    1 DIN ()

    1 DSC ()

    MOA alteration ()

    AOA alteration ()

    Preparation of other Legal Documents   ()

    Intimation to ROC ()

    Certificate of Incorporation ()

    PAN surrender ()

    PAN & TAN ()

    GST Registration ()

    Department follow up ()

    Trademark Registration ()           (Excluding Government Fee)

    Logo Designing ()

    Domain Name Registration & Web Hosting for one Year ()

    Website Designing ()

    Experts Assistance ()

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    Frequently Asked Questions (FAQs)

    What is Conversion of OPC into Private Limited Company?

    Conversion of OPC into Private Limited Company is a process by which One Person Company converts its business structure into Private Limited Company either voluntarily (if it is qualified) or compulsorily. All the assets and liabilities of OPC shall be vested into Private Limited Company with effect from conversion.

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    What are the benefits of Conversion of OPC into Private Limited Company?
    • To increase number of members
    • To raise share capital
    • Limited Liability
    • High Turnovers

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    What are the documents required to convert OPC into Private Limited Company?
    • Passport Size photograph
    • PAN Card
    • Aadhar Card
    • Identity Proof– Driving Licence/ Passport/Voter ID card
    • Address Proof– Bank Statement (not older than 2 months)

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    What is the Voluntary Conversion of OPC into Private Limited Company?

    When any OPC voluntarily converts itself into Private Limited Company then it is called as Voluntary Conversion of OPC into Private Limited Company. OPC can only be converted if it is older than 2 years and its paid-up share capital is less than 50 Lakhs.

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    What is the Compulsory Conversion of OPC into Private Limited Company?

    When the paid-up share capital of any OPC exceeds the amount of Rs. 50 Lakhs or its turnover exceeds the amount of Rs. 2 Crore in immediately preceding 3 consecutive financial years then it shall compulsorily be converted into private Limited.

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    What is the Effect of Conversion of OPC into Private Limited Company on its Debts & Liabilities?

    It shall not affect the existing debts & liabilities of OPC in any way as the OPC shall be liable for its debts & liabilities even after the conversion.

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