• +91- 9643640714

  • 0120-4134791

  • info@unilexconsultants.com

WHAT IS PRIVATE COMPANY TO ONE PERSON COMPANY (OPC) CONVERSION

One Person Company is forward thinking concept where promotes the incorporation of micro-businesses and persons with entrepreneurial dreams but has no time, resources or means to get more partners to execute the business plan. It can be considered as the combo of Sole proprietorship business model and the normal company legal entity business model, where the OPC company would enjoy the best of two worlds.

The primary reason for choosing One person Company registration is that the given person has a business idea that needs to be represented in a corporate format and the idea solely can carried out by the same person with limited resources they have along with various exemptions provided to the private companies provided under companies act 2013.

At Unilex Consultants we provide you a hassle free conversion process which would be dealt by our experienced advocates within a time frame of 4-5 months and is subjective to governmental processing time. Our team takes care of the documentation and aids in provide you the realistic estimation of cost.

Advantages of conversion of private company to OPC


Lesser compliances as compared to private company.
Lesser interference of stakeholders.
Smooth operations of the company.
Various exemptions under companies act 2013 for private companies.

Documents for private company to OPC conversion


Latest financial statements

MOA and AOA

List and affidavit from creditors

Affidavits from Directors

Various signed resolutions

Declaration from Directors for turnover and capital limit.

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OR

Procedure for private limited Company to OPC conversion

Preparing Board meeting and EGM documents.

Drafting notices and resolutions.

Alteration of MOA & AOA.

Filing MGT-14 form to ROC.


Filing form INC-6 with the ROC.

New certificate of incorporation given by ROC on satisfaction.

Reasons for conversion of Private company to OPC

  • One of the co-founder or promoter left the private company, due to which it has to be compulsorily converted.
  • Various exemptions provided to one person companies under companies act 2013.
  • Lesser compliances under various acts, thus resulting in less yearly recurring cost.
  • Promoter wants complete control of the business and profit sharing.

FAQ’s ABOUT PRIVATE COMPANY TO ONE PERSON COMPANY (OPC) CONVERSION

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WHY CHOOSE UNILEX?

Well with highly qualified professionals in our team along with the technology gives edge over others, as a result highly rated professional services with full customer satisfaction is assured. We help to grow and manage your business letting you to concentrate on your business.

MSME REGISTERED
Unilex is registered with the Ministry of Micro, Small & Medium Enterprises (MSME), a part of Government of India.

ISO 9001:2015 CERTIFIED
Unilex is a ISO certified body, assuring the quality professional services to aspiring startups

MONEY BACK GUARANTEE
Subject to our terms and conditions, money back is guaranteed if we failed to give 100% customer satisfaction

GOOGLE PARTNER
Unilex is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.

Testimonial Slider

  • “With a proficient team of professionals, Unilex provides a ready solution for every business related problem and never compromises on the final quality of services provided”. Navnit Kachalia
    Chairman and Managing Director, Navnit Group of
    Companies, Mumbai

  • “Getting your work done through Unilex is surely giving it in safe hands. Without a second thought, get associated with them”.

  • “Unilex has its unique way of meeting all your legal compliances and that too at a comparatively low cost.” Sudhir Budhrani
    Managing Director, Sudhir Life Sciences Pvt. Ltd.
    Indore

  • “The best part about getting your work done through Unilex is, that they don’t share your trouble, indeed they make you trouble free!”

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