Convert Private Limited Company
To One Person Company
Convert your Private Limited Company to One Person Company (OPC). Register your One Person Company with Ebifiling.com at INR 14,999 /- only.
CA/CS Assisted | 4.8/5 Rating
Convert your Private Limited Company to One Person Company (OPC). Register your One Person Company with Ebifiling.com at INR 14,999 /- only.
CA/CS Assisted | 4.8/5 Rating
A Private Limited Company is that type of company that offers Limited Liability or legal Protection to its shareholder. Private Limited Company in India lies somewhere in between a partnership firm and a widely owned public company. It can be registered with a minimum of two people. A person can be both a director and shareholder in a Private Limited Company.
One Person company on the other hand is a Company which has only one person as its member. An OPC is effectively a company that has only one shareholder as its member. One person company provides more advantages such as Limited Liability, legal Status, and Corporate Identity, Quick Decision-Making, Flexible in Management, easy bank operation, and reduced taxation burdens.
1. Decision making: Decision making becomes easy as there is only one person to make a decision. This makes the decision-making process swift and time is utilized in other productive assignments.
2. Lesser Compliance: ROC and annual compliance are very less for One person companies.
3. Reduced workload: Work related to annual filing, share certificate etc. are reduced for One Person Company.
4. No AGM required: One person company does not need to hold an annual general meeting and does not need to comply with many other legal requirements which are mandatory for Private Limited Company.
EbizFiling.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory and management consultancy services to clients in India and abroad. Incorporating a One Person Company is easy, seamless, cheaper and quickest with EbizFiling.com! Apart from an OPC, EbizFiling.com also helps entrepreneurs with Private Limited Company Registration, Public Limited Company Registration, Partnership Registration, HUF, Limited Liability Partnership and Proprietorship Firm Registration easily. You may get in touch with us on 09643203209 or email info@ebizfiling.com for free advisory on all the services.
(All Inclusive)
Conversion of Private Limited Company to OPC Process in 5 steps
Fill in a simple checklist
Submit you documents
Verification of documents
Filing of Form INC 6
Fresh Certificate of Incorporation
Our Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up the checklist and submit along with the documents for the processing. Our expert team will verify documents and proceed with the conversion of Private limited Company to OPC formalities. All throughout the process, a dedicated Compliance Manager will keep you updated on the progress of the conversion to OPC.
Apart from the Documents provided by you, there are some other documents that would be prepared by us such as Statement of Assets and liabilities, Certificate of CA/CS etc. We will prepare all the necessary documents and will prepare Form INC 6 for the conversion of Private Limited Company to One Person Company (OPC) with prescribed fees. This form will be proceeded by the office of the Regional Director and proceed with the final filing process.
Once we prepare and file the Form INC 6, Concerned Registrar of Companies (ROC) will check the forms and attached documents filed by the Company for Conversion of Private Company into One Person Company (OPC). On being satisfied that Company has complied with prescribed requirements the Registrar of Companies (ROC) shall issue the Certificate to the effect of Conversion of Private Company into One Person Company (OPC).
Yes, It is mandatory to attain No Objection Certificate from all the members and all the creditors for conversion of Private Limited Company to OPC.
All the resolution passed as a special resolution by the members must be filed with the ROC in Form No MGT-14, along with prescribed attachments within 30 days from its date of passing.
No, It is prerequisite for conversion of Private Limited Company to OPC that, the annual turnover of the company must be less than Rs. 2 crores during the past three consecutive financial years. Hence, Your Private Limited company can not be converted to OPC.
No, the shareholder of the resulting OPC must be an Indian resident person.
Our expert will help you in choosing the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@ebizfiling.com or call us @+91 9643 203 209.
Convert your Private Limited Company to One Person Company (OPC). Register your One Person Company with Ebifiling.com at INR 14,999 /- only.