IDEA FOR START-UPsConversion of Private Limited to OPC
A private limited company can convert itself into a one-person company (OPC) if it has a paid-up capital ofless than Rs. 50 lakh and an annual turnover of less than Rs.2 crore. An OPC also need a nominee. The procedure is time-consuming, as you cannot use the INC-29 procedure, but should be completed inside 25 working days. Our package includes everything from the filing of the forms for conversion to the alteration of your Memorandum of Association and Articles of Association.
Low set-up cost
There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
The main advantage is that in an LLP, there are fewer formalities after the business has been incorporated.
The term 'tax benefit' generally refers to any tax law that provides you with an opportunity to reduce your tax bill when you satisfy certain eligibility requirements.
Businesses often need to borrow money. In a General Partnership, partners are personally liable for all this debt.
Private limited companies easily accommodate equity funding as there is a clear distinction between shareholders and directors as well as limited liability.
An LLP only requires audited annual returns to be filed if it has a turnover of greater than Rs. 40 lakh or capital contribution of over Rs. 25 lakh.
From your Procedure
Upload the Required Documents & Information to our web portal
Choose Package and Pay online with different payments modes available
On placing an order, your application will be assigned to one of our dedicated professionals.
Our professional team will prepare computation for Private Limited to One Person Company.
Prepare MOA, AOA and other necessary incorporation documents.
File incorporation documents & obtain Certificate of Incorporation, PAN &TAN.
Minimum Required Documents For Company Registration