Pvt. Ltd. to One Person Company

Convert Pvt. Ltd. to One Person Company with the help of Taxzex. Here is what our services include:

  • Legal Experts at your reach
  • Get documentation done
  • Track application status
  • Two rounds of iterations at no extra cost
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Advantages of Pvt. Ltd. to One Person Company

Less Compliance and Management

An OPC can only have one director and shareholder, so annual filings are much reduced.

Limited Liability

Any loss does not effect the property of owner, it will be the company which bear the entire loss.

Continuous Existence

It has a separate legal identity, it would pass on to the nominee director and, therefore, continue to exist.

Taxation Relaxation

OPC has power to run its business as a company and enter into valid business.

Steps

for Pvt. Ltd. to One Person Company

Step 1Calling of Board Meeting

Step 2Notice of General Meeting

Step 3No objection from All Creditors

Step 4Filing of Resolution with the ROC

Step 5Filing of Application of Conversion

Step 6The issue of Certificate of Conversion

Step 1Calling of Board Meeting

Step 2Notice of General Meeting

Step 3No objection from All Creditors

Step 4Filing of Resolution with the ROC

Step 5Filing of Application of Conversion

Step 6The issue of Certificate of Conversion

What all you get

with Pvt. Ltd. to One Person Company

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