Tag Archives: #CorporateJourney

OPC to LLP conversion?

OPC to LLP Conversion   Converting a One Person Company (OPC) to a Limited Liability Partnership (LLP) involves several steps and requirements. Here is an outline of the conversion process: 1.Board Resolution: Hold a board meeting and pass a resolution approving the conversion of the OPC into an LLP.  Therefore, The resolution should authorize a… Read More »

When can a private limited company commence business?

    Commencing private limited company A private limited company can commence its business activities once it has completed the necessary registration process and obtained the Certificate of Incorporation from the Registrar of Companies (ROC). The Certificate of Incorporation signifies the legal formation of the company and grants it the authority to commence its business… Read More »

OPC to private limited conversion?

OPC to private limited Converting an OPC to private limited Company typically involves the following steps: Director Appointment: A Private Limited Company requires a minimum of two directors, whereas an OPC has only one director. Therefore, to convert an OPC to a Private Limited Company, you need to appoint an additional director. The new director… Read More »