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There are a couple of ways to convert a One Person Company into a Private Limited Company. This can be done voluntarily but the right procedure for the same has to be followed. The OPC can be fulfilled provided a few situations are met. 

Funding is considered the most essential step for starting, maintaining, and growing a business. Private Limited Company can raise their shares from different investors. Thus, a private limited company is the ideal type of business entity for growing businesses.

There are two ways of converting a One Person Company into a Private Limited Company as per the act. The conversion can be a voluntarily one or by compulsion but in cases a proper procedure is to be followed.

Document Required

In the registration process of the company, the following documents:

  • PAN Card: PAN Card of all shareholders and Directors. Foreign nationals may provide passport

  • ID Proof: Voter ID/ Passport/ Driving License of all shareholders and Directors

  • Address Proof: Telephone Bill /Electricity Bill/ Latest Bank Account Statement of Shareholders and Directors

  • Photograph: Latest Passport size photograph of all shareholders and Directors

  • Business Address Proof: Electricity Bill/ Telephone Bill of the registered office address

  • NRI: In the case of NRI or Foreign National, documents of partner must be notarized or apostilled

  • Financial Statements: Duly certified copy of latest audited Financial Statements

  • Incorporation documents of the OPC: Certificate of Incorporation, MOA & AOA to be provided

NRI/ Foreign National: In case of NRI or Foreign National, documents of director(s) must be notarized or apostilled

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