OPC to Private Ltd
Expanding Business and Turnover ? . Get your One Person Company converted to Private Ltd. Company from Envizi
How to Convert One Person Company to Private Limited Company?
According to section 18 of the Companies Act, 2013, One Person Company cannot be converted to any other form of company before two years. One person company can be converted by the following two ways:
If annual turnover of One Person Company for the relevant financial year exceeds Rs. 2 Crore and it also has paid-up capital of more than equal to Rs. 50 Lakhs, then in such situation company has to convert itself to Private Limited Company or Public Limited Company.
After completion of 2 years, OPC can be converted as per the companies act. Converting OPC to private limited company is very beneficial as OPCs tend to exceed the threshold limit within these two years.
Conversion of your OPC to private ltd. company is very easy with ENVIZI. Contact Envizi now and convert your existing business structure to new legal entity.
- PAN Card of Directors
- Passport size photograph of Directors
- Aadhaar Card / Voter Identity Card of Directors
- Utility Bills like Electricity / Water Bill of business place
- Rent Agreement if business place is rented
- Property Papers if business place is own property
Steps for Conversion of OPC to Private Ltd. Company
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Why Choose Us
Envizigroup is pioneer of all types of company registrations in pune. Many individuals have great ideas over company formation and its structure in their mind but when it actually starts to deal with legalities, they step back due to its complexities and time-consuming process. Thus we have helped many such individuals to start their company allowing them to focus on their business enhancement. We are working in this domain since many years, thus we expertise in dealing with those barriers shifting your company registration plans every next day. Our team has ample knowledge and proven experience to offer you best solutions over your company registration needs. We are known in industry for our reliable, transparent and timely services and thus we have great relationships with many startups and well established companies as their trusted legal advisors. Contact Envizi to experience our WOW services and find your dreams coming true.