Private Limited to OPC Conversion
Down to one shareholder, with lighter compliance.
A private company with paid-up capital up to ₹50 lakh and average turnover up to ₹2 crore may convert into an OPC. It is the route taken when co-founders have exited and one owner remains, and the value is in the reduced compliance: no AGM, an abridged annual return, and fewer board meetings.
It requires a special resolution, a no-objection from every member and creditor, and the appointment of a nominee for the sole shareholder.
Only a natural person who is an Indian citizen and resident can hold an OPC, so a company with a corporate or foreign shareholder cannot take this route.
What is included
- Eligibility checked against the capital and turnover limits
- Member and creditor no-objections obtained
- Special resolution, MGT-14 and INC-6
- Nominee consent in INC-3 and the fresh certificate
What we need from you
- Latest audited financial statements
- No-objection from members and creditors
- Nominee PAN, Aadhaar and consent
- Board and special resolutions
Questions
Can any private company convert into an OPC?
Only one with paid-up capital up to ₹50 lakh and average turnover up to ₹2 crore, and only where the resulting sole shareholder is a natural person who is an Indian citizen and resident. A corporate or NRI shareholder rules it out.
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Get started with Private Limited to OPC Conversion
Tell us a little about the business and a chartered accountant will call you back. You will get a firm quote before any work begins.
- A qualified accountant on the call, not a call centre
- A firm quote before any work begins
- Your details are never sold or shared