Converting to OPC was the best decision for my solo consulting business. The reduced compliance burden and complete control have streamlined operations significantly.
Documents for Private Limited to OPC Conversion
Here is s a quick checklist of documents you will need to get started smoothly.
- 1Current Certificate of Incorporation
- 2Memorandum and Articles of Association
- 3Board resolution approving conversion
- 4Consent from all existing shareholders
- 5Share transfer deeds (to single member)
- 6Updated shareholding pattern
- 7Nominee appointment and consent letter
- 8Revised MOA/AOA for OPC structure
- 9Form INC - 6 (Application for conversion)
- 10Member's PAN, Aadhaar, and photograph
- 11Nominee's identity and consent documents
- 12Latest financial statements
- 13Director resignation letters (if applicable)
- 14Bank account updating authorization
