● One Person Company Registration

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Conversion Of Proprietor To One Person Company

Transitioning to a One Person Company (OPC) offers limited liability, legal recognition, and better credibility while retaining single ownership control.

Register as OPC
LLP Registration

Conversion Of Proprietor To One Person Company

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Conversion Of Proprietor To One Person Company

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Benefits of OPC

Why convert your Proprietorship into an OPC?

  • Limited Liability Protection

    Protects personal assets from liabilities.

  • Better Business Credibility

    Improves trust with banks & vendors.

  • Separate Legal Entity

    Ensures continuity and stability.

  • Easy Compliance

    Fewer compliances than Pvt Ltd.

Simple 4-Step Process
1

Submit Proprietorship Details

Provide proprietorship details, owner KYC, and nominee information.

2

Document Verification

Our experts verify documents and ensure OPC eligibility compliance.

3

MCA Filing

We file SPICe+ forms and OPC incorporation documents with MCA.

OPC Incorporated

Receive Certificate of Incorporation and start operating as an OPC.

Did You Know?

OPC allows a single entrepreneur to enjoy corporate benefits without partners.

What is Conversion Of Proprietor To One Person Company ?

Proprietorship to One Person Company (OPC) conversion allows a sole business owner to transform their business into a separate legal entity with limited liability, higher credibility, and structured compliance — while retaining full ownership.

Major Advantages of OPC Over Proprietorship

Formal Business Structure

OPC follows a corporate framework, making operations more organized and professional.

Separate Legal Identity

OPC can own assets, enter contracts, and operate independently of the owner.

Higher Market Credibility

Clients, vendors, and investors trust OPCs more than proprietorships.

Easy Business Scaling

Structured compliance enables easier expansion and funding opportunities.

Nominee Succession

OPC continues even after the owner’s demise through nominee mechanism.

Lower Compliance Burden

Fewer compliances compared to Private Limited Companies.

OPC Conversion Illustration

Proprietorship vs One Person Company (OPC)

Key differences to help you choose the right business structure

Aspect Proprietorship One Person Company (OPC)
Legal Identity No separate identity Separate legal entity
Liability Unlimited (Personal Risk) Limited Liability
Continuity Depends on owner Perpetual (Nominee)
Funding Difficult Easier (Banks / Investors)
Taxation Individual Slabs Corporate Tax Rate (Possible Exemptions)

Eligibility & Conditions

Who Can Apply?

  • Indian Citizen: Must be a resident of India.
  • Single Owner: Only one shareholder allowed.
  • Nominee Appointed: Must appoint a nominee.
  • Business Type: Not for Non-Banking Financial activities.

Key Requirements

  • Capital: Min Authorized Capital ₹1 Lakh.
  • MCA Approval: Required via form filing.
  • Lock-in Period: No voluntary conversion for 2 years.
  • Compliance: File annual returns and maintain books.

Documents Required for OPC Conversion

Checklist for smooth Proprietorship to OPC conversion

PAN Card of Proprietor

Mandatory identity proof

Aadhaar Card

Identity verification

Registered Office Address Proof

Utility bill / Rent agreement

NOC from Property Owner

Permission for business use

Bank Statement

Latest financial proof

GST Registration Certificate

If GST is applicable

Business Licenses & Permits

Industry-specific approvals

Nominee Consent Form

Mandatory for OPC

Memorandum of Association (MOA)

Business objectives

Articles of Association (AOA)

Internal governance rules

STEP-BY-STEP

Process for Conversion Of Proprietor To One Person Company

A structured process to convert a sole proprietorship into a One Person Company (OPC)

1
Obtain DSC & DIN

Obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the proprietor to act as director of the OPC.

2
Obtain Name Approval from MCA

Apply for name approval through RUN or SPICe+ Part A ensuring compliance with MCA naming guidelines and “(OPC) Private Limited” suffix.

3
Draft MOA & AOA

Prepare the Memorandum and Articles of Association defining business objectives, governance structure, and operational rules of the OPC.

4
File SPICe+ Incorporation Form

Submit the SPICe+ form along with incorporation documents to register the OPC and obtain PAN & TAN in a single application.

5
Receive Certificate of Incorporation

MCA verifies the application and issues the Certificate of Incorporation, legally recognizing the OPC.

6
Apply for PAN, TAN & GST

Obtain PAN, TAN, and GST registration (if applicable) to ensure full tax and statutory compliance.

Close Proprietorship & Transfer Assets

Close the proprietorship and transfer assets, bank accounts, licenses, and liabilities to the OPC for a smooth business transition.

Compliance & Post-Conversion Requirements

After converting your Proprietorship into an OPC, regular compliance ensures legal validity, financial transparency, and long-term business credibility.

Annual Filings & ROC Compliance
  • Mandatory filing of MGT-7A & AOC-4 every year
  • Annual compliance required even if no business activity
  • Non-compliance may attract heavy ROC penalties
Taxation & Financial Reporting
  • ITR-6 filing under Income Tax Act
  • GST & TDS compliance (if applicable)
  • Statutory audit required above ₹2 Cr turnover
Banking & Business Operations
  • Update bank account with OPC PAN, TAN & GST
  • Transfer all contracts & licenses to OPC
  • Ensure labour law & sector-specific compliance
Pro Tip: Maintaining timely compliance not only avoids penalties but also improves your OPC’s credibility with banks, investors, and authorities.

Why Choose Udyog Suvidha Kendra
for OPC Registration?

Trusted expertise, seamless compliance, and complete support from start to scale.

1
Expert Consultation & Hassle-Free Process

Get end-to-end expert guidance for OPC registration with accurate documentation, faster approvals, and complete compliance with MCA regulations.

2
End-to-End Documentation & Compliance

From MOA, AOA, and SPICe+ filings to ROC, tax, and annual compliance — we manage everything so you don’t have to.

3
Transparent Pricing & 24/7 Support

Enjoy affordable, transparent pricing with no hidden costs — backed by round-the-clock support for registration and post-setup queries.

Frequently Asked Questions

The process includes obtaining DSC and DIN, name approval from MCA, drafting MOA and AOA, filing the SPICe+ form, obtaining the Certificate of Incorporation, applying for PAN, TAN, GST, and finally closing the proprietorship business.

Yes, once the OPC is registered, the proprietorship must be closed by transferring assets, settling liabilities, canceling GST registration, and closing the business bank account.

An OPC offers limited liability, a separate legal identity, better business credibility, easier access to funding, tax benefits, and continuity of business.

Only an Indian citizen and resident can convert a proprietorship into an OPC. A nominee must be appointed, and turnover limits must be complied with.

The conversion process usually takes 10 to 15 working days, subject to document verification and MCA approvals.

Documents include Aadhaar card, PAN card, address proof, business proof, GST certificate, bank statements, MOA, AOA, nominee consent, and MCA-related documents.

GST registration is mandatory if turnover exceeds ₹40 lakh for goods or ₹20 lakh for services, or if the business is involved in interstate trade or e-commerce.

There is no mandatory minimum capital requirement for OPC registration. Capital can be decided based on business needs.

Yes, an OPC can have more than one director, but it can have only one shareholder as per MCA rules.

If turnover exceeds ₹2 crores or paid-up capital exceeds ₹50 lakhs, the OPC must be converted into a Private Limited Company.

No, once a proprietorship is converted into an OPC, it cannot be reverted. However, an OPC can be converted into a private or public company.

An OPC must file annual ROC returns, income tax returns, maintain proper books of accounts, and comply with MCA regulations.

Yes, OPC ownership can be transferred by changing the shareholder and nominee details with the MCA following prescribed procedures.

No, only an Indian citizen and resident can incorporate an OPC. However, NRIs and foreign nationals can be appointed as directors or invest subject to FEMA rules.

Udyog Suvidha Kendra provides expert consultation, end-to-end documentation, affordable pricing, and complete MCA compliance for a smooth OPC registration process.
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