Service Overview
The legal conversion of a Private Limited Company (with reduced shareholding) into a One Person Company when it qualifies under prescribed conditions.
Who Needs It / Purpose:
Private companies that have been reduced to a single shareholder/director and want a simplified single-owner structure.
FAQs:
Q: What conditions must be met for this conversion?
A: Paid-up capital and turnover must be within prescribed OPC limits at the time of conversion.
Q: Can a company convert to OPC anytime?
A: Only when it meets OPC eligibility criteria and follows the prescribed MCA procedure.