🧭 1. Introduction
In today’s dynamic business landscape, many entrepreneurs are restructuring their businesses to suit smaller operations. One popular shift is converting from a Private Limited Company to a One Person Company (OPC).
This step-by-step article will guide you through the legal conversion process, required documents, new MCA rules (2024), costs, and more—tailored for businesses across India.
📢 MCA Update (2024): Conversion from Pvt Ltd to OPC is now more seamless, with updated INC-6 e-form requirements and self-declaration formats introduced under the Companies (Incorporation) Fifth Amendment Rules, 2024.
🧾 2. Types of Licenses/Approvals Required
Although this is a corporate structure change, the following filings/licensing steps are mandatory:
- ✅ Board Resolution for conversion
- ✅ Special Resolution via EGM
- ✅ Filing of Form MGT-14
- ✅ Filing of Form INC-6 (application for conversion)
- 🏛️ Approval from Registrar of Companies
- 📃 Altered MOA & AOA
- 🌐 MCA Portal for Filing 🏛️
👤 3. Who Needs These Services?
Conversion from Private Ltd to OPC is ideal for:
- 👤 Entrepreneurs who are sole promoters
- 🧾 Companies with limited capital and minimal compliance needs
- 👨💻 Freelancers or professionals wanting corporate status
- 📉 Firms scaling down operations post-investor exit
🎯 4. Why Choose a License Registration Service Provider?
Partnering with professionals ensures:
- ✅ Zero mistakes in digital filings
- 🧠 Tailor-made MOA & AOA restructuring
- 🧾 Timely submissions on MCA portal
- 🔁 Conversion support post-ROC approval
- 🧍 Personalized consultation for compliance needs
📝 5. Step-by-Step Conversion Process
✅ Step 1: Board Meeting
Pass a resolution to propose conversion into OPC.
✅ Step 2: Conduct EGM
Pass a special resolution authorizing conversion.
✅ Step 3: File MGT-14
File within 30 days of passing the special resolution.
✅ Step 4: File INC-6
Submit conversion application with:
- New MOA & AOA
- Declaration by Directors
✅ Step 5: ROC Approval
Receive updated Certificate of Incorporation reflecting OPC status.
📑 6. Required Documents
- 🧾 Board & Special Resolution copies
- 📜 Altered MOA & AOA
- 🪪 PAN, Aadhaar, DIN of director
- 👤 Consent of nominee (Form INC-3)
- 📝 Declaration by director and nominee
- 🖋️ Digital Signature Certificates (DSCs)
💰 7. Cost Involved
| Particular | Estimated Cost |
| Professional Fee | ₹5,000 – ₹12,000 |
| MCA Filing Fees | ₹2,000 – ₹3,000 |
| Stamp Duty & Notary | ₹500 – ₹1,000 |
| Total | ₹7,500 – ₹16,000 |
Note: Cost may vary based on the company’s share capital and state jurisdiction.
⏱️ 8. Time Taken
| Task | Duration |
| Preparation | 1–2 Days |
| MGT-14 & INC-6 Filing | 2–3 Days |
| MCA/ROC Processing | 5–7 Working Days |
| Total Duration | 7–10 Days |
❌ 9. Common Mistakes to Avoid
- ❌ Filing INC-6 without nominee consent
- ❌ Not modifying MOA as per OPC format
- ❌ Late filing of MGT-14 (beyond 30 days)
- ❌ Ignoring DSC validity of director
- ❌ Not updating PAN, GST, and Bank post-conversion
📞 10. Call-to-Action (CTA)
Ready to convert your Private Limited Company to OPC?
📧 Email: opriyatrendingpvtltd@gmail.com
📱 WhatsApp: +91 7588756518
🌐 Website: www.opriyatrending.in
Let our experts handle everything from documentation to approval!
❓ 11. FAQs
Q1: Is there any turnover limit to convert Pvt Ltd to OPC?
Yes, as per 2024 update, maximum paid-up capital must not exceed ₹50 lakh and turnover must be below ₹2 crore.
Q2: Do I need NOC from creditors?
Yes, creditor NOC and board consent are required.
Q3: Can an OPC later convert back to Pvt Ltd?
Yes, an OPC can convert back after 2 years or earlier if thresholds are breached.
Q4: Do I need to surrender my GSTIN?
No, but you must update the legal entity name with GST and bank.
Q5: Where do I file the application?
On the official MCA portal: www.mca.gov.in 🏛️
