Conversion of OPC into other Company

In OPC there is only one member. There might be a situation when the single member intends to expand the broad base of the Company for its better growth and future prospects. OPC need to be converted by two ways as enumerated below:

1. Voluntary Conversion: Only after two years is expired from the date of incorporation of the OPC.

2. Compulsory Conversion:  If the paid-up share capital exceeds rupees 50 lakhs or if its average turnovers exceed INR 2 crores then within two months, the OPC need to convert into a private limited company. 

We, Compliance Hands,a team of more than 50 qualified professionals like CA, CS, Advocates etc, having experience of more than 5 years of handling task like this and have completed more than 2000 projects. We ensure are the all the compliance on time and you can carry on your business without any hiccups.