Converting a One Person Company (OPC) to a Private Limited Company is essential for businesses seeking growth, capital, and increased flexibility. The process involves passing a special resolution, appointing additional directors and shareholders, and updating the company’s Memorandum of Association (MoA) and Articles of Association (AoA). The company must file the necessary forms with the Registrar of Companies (RoC) for approval. This conversion enables the company to raise capital, attract investors, and expand operations. After conversion, the company must comply with Private Limited Company regulations, such as filing annual returns and holding meetings. Consulting a legal expert ensures a smooth transition.
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