Successfully Convert in 3 Easy Steps
Answer a few simple questions
You need to spare only 15 minutes Provide us with your business details Upload required documents Opt for a convenient payment option Let us do all the filing work
Name Approval and Reservation Digital Signature and DIN Registration PAN and TAN Numbers MOA & AOA Drafting INC 29 Filing Your Company is Incorporated
All it takes is 15 working days* 100% satisfaction is guaranteed Best in class customer care support Main Advantages of Converting Proprietorship Firm to OPC
Limited Liability to Owner to the extent of capital, thus protection of your personal assets.
Get easier Lending from Financial Institutions as Private Limited Companies are trusted forms of business.
Easy conversion process to Private Limited Company by adding directors & shareholders at a later stage
Frequently Asked Questions
One Person Company can be started with any amount of capital. However, fee must be paid to the Government for issuing a minimum of shares worth Rs.1 lakh [Authorized Capital Fee] during the incorporation of the OPC. There is no requirement to show proof of capital invested during the incorporation process.
To incorporate a One Person Company, a Director and a nominee is required. A nominee member is one, who shall, in the event of promoter member's death or incapacitation become a member of the Company.
Only a natural person who is an Indian citizen and a resident in India is eligible to incorporate a One Person Company or be a nominee member. The Director or Nominee must also be over 18 years of age. A person can incorporate up to five One Person Companies.
An address in India where the registered office of the One Person Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
No, you will not have to be present at our office or appear at any office for the incorporation of a One Person Company. All the documents can be uploaded online.
PAN Card identity proof and address proof is mandatory for all the proposed Director and Nominee of the One Person Company. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.
Legalwiz.in can incorporate a One Person Company in 10-15 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.
To incorporate a One Person Company quickly, make sure the proposed name of the Company is very unique. Names that are similar to an existing company / limited liability partnership / trademark can be rejected and additional time will be required for resubmission of names.
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.
More Questions?
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Conversion of a Sole Proprietorship firm to a One Person Company is beneficial in many ways; it provides the benefit of perpetual succession and liability protection. We at LegalWiz.in provide online assistance to convert your proprietorship into one Person Company. Our qualified team of legal professionals, chartered accountants and company secretaries are always available to assist you with all the legal and administrative aspects of the registration, drafting and conversion of Sole Proprietorship to One Person Company and post registration aspects that are required to be fulfilled to convert Sole Proprietorship to an OPC. To change from Sole Proprietorship to One Person Company you would be required to follow certain quick and easy steps and provide LegalWiz with the required documents and we would convert your sole proprietorship to OPC. Subject matter experts are available on call or via email to answer your queries. We also provide a full spectrum of post conversion services related to SSI/MSME Registration, VAT & CST Registration, Service Tax Return Filing, TDS Return Filing, Trademark registration ,objection, assignment & renewal, Copyright registration, Bookkeeping, Legal Drafting, Accounting, Import Export Code registration etc. We offer services through an online model and a network of trusted affiliates across all major cities in India including Mumbai, Delhi, Ahmedabad, Pune, Bangalore, Hyderabad, Vadodara, Kolkata, Chennai, Noida, Gurgaon, Surat, Rajkot and others.