Tag Archives: #OPCtoPrivateLimited

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 »

Will Permanent Account Number(PAN) remain the same after the conversion of OPC into PVT LTD?

Permanent Account Number(PAN) Yes, the Permanent Account Number(PAN) of an One Person Company (OPC) will remain the same even after it converts into a Private Limited (PVT LTD) company. For more information, visit this site: https://www.incometax.gov.in/ The PAN is a unique 10-digit alphanumeric identifier issued by the Indian Income Tax Department to individuals and businesses… Read More »

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