OPC to Private Limited Company
Where the paid up share capital of a One Person Company exceeds fifty lakh rupees and its average annual turnover during the period of immediately preceding three consecutive financial years exceeds two crore rupees, it shall cease to be entitled to continue as a One Person Company. Such One Person Company shall be required to convert itself, within six months of the date on which its paid up share capital is increased beyond fifty lakh rupees or the last day of the relevant period during which its average annual turnover exceeds two crore rupees as the case may be, into either a private company with minimum of two members and two directors or a public company with at least of seven members and three directors in accordance with the provisions of the Companies Act, 2013.
- Additional fee for Late filling not including
- Additional fee paid as per Additional fee rules
LIST OF DOCUMENTS FOR REGISTRATION
CERTIFICATE OF INCORPORATION
DSC OF THE EXISTING DIRECTOR
PAN CARD OF THE COMPANY
LIST OF MEMBERS AND LIST OF CREDITORS
MOA & AOA OF THE COMPANY
LATEST AUDITED BALANCE SHEET AND THE PROFIT AND LOSS ACCOUNT
INCLUSIVE IN OUR SERVICE
Preparation of Documents
RoC Registration fees for Conversion
Drafting of MOA & AOA
Filling of forms with RoC
FREQUENTLY ASKED QUESTIONS
Yes, it is possible to convert OPC to Private Limited but there is a Compulsory & Voluntary Conversion.
When an OPC has paid up share capital more or equal to Rs. 50 lakhs or the Annual Turnover for the relevant financial year exceeds Rs. 2 crore, then in this condition, the company has to compulsorily convert into Private Limited Company.
When an OPC is incorporated and the 2 years time period is over, then an OPC can apply for converting itself to Private Limited Company. This is called Voluntary conversion.
Yes, there is a minimum 2 members required at the time of conversion.