Types of Conversion
Voluntary Conversion
Compulsory Conversion
One Person Company (OPC) may voluntary apply for conversion itself into a Private limited or Public limited only after the expiry of two years from the date of incorporation. It shall alter its Memorandum and Article of association on conversion into a private limited company or public limited company.
There are two conditions which need to be fulfilled for a Company to remain as One Person Company:
If the paid up share capital of One Person Companyis increased beyond rupees fifty lakh or average annual turnover exceeds two crore rupees, One Person Company shall convert itself into Private limited or Public limited company, within six months of the date on which paid up share capital or average annual turnover exceeds the prescribed limit.
Note: “Relevant period" means the period of immediately preceding three consecutive financial years.
Our team includes Company Secretaries, Chartered Accountants, Cost Accountants, and advocates who gives high quality of work. They are excel in the area of our work. Our teams intent to answer all your questions, doubt before you choose any services, they will explain all the options available to you.
We value our customer and care about their precious time. Client satisfaction really matters to us. Our team will always be in touch with you, until your assignment get completed. This is partly professional pride, partly personal ethics.
If you are not satisfied with our work,we will refund the money after deducting the statutory fees paid to government.
If you are not satisfied with our work,we will refund the money after deducting the statutory fees paid to government.
EmpressaLegal not only incorporates your company, but support your business throughout the life of business. WithEmpressaLegal you get all the Compliances, registrations required for your business done under one roof. We help entrepreneurs, work with them and provide them all the tools that are needed throughout the life of their business.
EmpressaLegal.com is the first and still the best online business incorporation portal in India. The company was founded with the singular objective of offerings the highest quality corporate and incorporation services to its clients all over the globe.
EmpressaLegal.com provides fast and instant end-to-end business incorporation and a variety of other associated services. In addition to business incorporation, we have also built a reputation as one of the best companies to refer for services like NGO registrations, Tax registrations, business licenses, and a whole line of other legal and legal associated services. Since its foundation, EmpressaLegal.com has helped entrepreneurs across India to incorporate their businesses in a fast and secure manner. With the company in place, Indian entrepreneurs no longer have to go through the hassle of doing numerous paper work or following processes that they know nothing about. All they have to do is get in touch with us and we shall guarantee delivery of service in a hassle free environment and in the shortest possible time without compromising on quality.
We brag of having a team of the most experienced professionals whose sole purpose is to assist Indian and other entrepreneurs in selecting the best business structure ensuring that the structure chosen suits their individual requirements.