+91-88550 98984

Private Limited to One Person Company

One Person Company (OPC), as a name suggest, can be registered with a single person as a member. Only one Director cum shareholder required for formation of One Person Company. One person company provide more advantages such as Limited Liability, legal Status and Corporate Identity, Quick Decision Making, Flexible in Management, easy bank operation, reduced taxation burdens.

Steps to form a Private Limited to One Person Company

Conduct
Board
Meeting
Holding a General
Meeting
Filling of MGT 14 and File for Conversion
Fresh
Certificate of Incorporation

Get Quote Instantly
in a Minute

No Spam. No Sharing. 100% Confidentiality

Procedure

Conversion of Private Limited Company into One Person Company

One Person Company (OPC), as a name suggest, can be registered with a single person as a member. Only one Director cum shareholder required for formation of One Person Company. One person company provide more advantages such as Limited Liability, legal Status and Corporate Identity, Quick Decision Making, Flexible in Management, easy bank operation, reduced taxation burdens.

This Conversion shall be in accordance with Rule 7 of Companies (Incorporation) Rules, 2014. The company shall obtain a NO objection in writing from existing members and creditors when passing a special resolution in the general meeting. The company is required to file Special Resolution passed by shareholders for Conversion of Private Company into One Person Company (OPC) with concerned Registrar of Companies. Hence, file form MGT.14 within 30 days of the passing of Special Resolution with the concerned Registrar of Companies with the documents.

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).

Documents

  • Declaration by Affidavit
  • List of Members and List of Creditors
  • Latest Audited Balance sheet and Profit and loss Account
  • Copy of No Objection certificate from Creditors
Copyright © 2019 Compliance Mall. All rights reserved.
Powered by - www.syscort.com