Conversion Services · OPC to Private Limited

OPC to Private Limited Conversion bring in co-founders and investors as your OPC scales.

As a One Person Company grows past the single-shareholder structure, converting to a private limited company allows multiple shareholders, easier equity fundraising, and removes the paid-up capital and turnover thresholds that mandate conversion under the Companies Act.

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A One Person Company is designed for solo founders, but its single-member structure becomes a constraint once the business needs to bring in co-founders, employees on ESOPs, or external investors. Converting to a private limited company removes this restriction, enabling multiple shareholders and a board of more than one director, while retaining limited liability protection.

Under Rule 6 of the Companies (Incorporation) Rules, an OPC is required to convert into a private or public company if its paid-up share capital exceeds ₹50 lakh or its average annual turnover during the relevant period exceeds ₹2 crore. Even where these thresholds are not breached, an OPC may voluntarily convert to a private limited company after the expiry of two years from the date of incorporation.

At Beyonte Compliances, we manage the full conversion process — board and shareholder resolutions, ROC filings, allotment of shares to new members, and updating the company's registers and statutory records to reflect the new structure.

What Our Conversion Service Covers

Eligibility Assessment

Confirming whether conversion is mandatory (on breach of capital or turnover thresholds) or voluntary after two years.

Board & Shareholder Approval

Preparing the board resolution and special resolution required to approve the conversion to a private limited company.

MOA & AOA Alteration

Drafting the altered memorandum and articles of association to reflect the private limited company structure.

Increase in Membership

Advising on and executing the addition of new shareholders and directors as part of the conversion.

Form INC-6 Filing

Filing Form INC-6 with the Registrar of Companies along with the required attachments to effect the conversion.

Share Allotment

Managing allotment of shares to new incoming shareholders following the conversion.

Statutory Register Updates

Updating the register of members and other statutory registers to reflect the new shareholding and directorship structure.

PAN, GST & Licence Updates

Updating the company's PAN, GST registration, and other licences to reflect the change in company type.

Our Process

1

Eligibility Check

Confirming whether the conversion is mandatory or voluntary based on capital, turnover, and time elapsed.

2

Board Approval

Passing the board resolution recommending conversion to a private limited company.

3

Shareholder Approval

Passing the special resolution approving conversion and the altered MOA and AOA.

4

Form INC-6 Filing

Filing Form INC-6 with the Registrar of Companies to effect the conversion.

5

Post-Conversion Compliance

Allotting shares to new members and updating all statutory registers and registrations.

Why It Matters

Enables multiple shareholders and directors beyond the OPC's single-member limit
Opens the door to equity fundraising from investors and ESOP grants to employees
Removes the mandatory conversion risk once turnover or capital thresholds are breached
Retains limited liability protection through the new structure
Improves credibility with banks, investors, and larger clients
Structured filing avoids ROC scrutiny for delayed mandatory conversion
Clean register updates avoid disputes over shareholding post-conversion
Positions the company for further conversion to a public company if needed later

Frequently Asked Questions

Conversion becomes mandatory if the OPC's paid-up share capital exceeds ₹50 lakh, or its average annual turnover for the relevant period exceeds ₹2 crore, as prescribed under the Companies (Incorporation) Rules.
Yes, an OPC can voluntarily convert into a private or public company after the expiry of two years from the date of its incorporation, even without breaching the capital or turnover thresholds.
Form INC-6 is filed with the Registrar of Companies, along with the altered MOA and AOA, board and shareholder resolutions, and other prescribed attachments, to complete the conversion.
Yes, on approval of Form INC-6, the Registrar issues a fresh Certificate of Incorporation reflecting the company's new status as a private limited company, along with a new CIN.

Convert your OPC into a private limited company.

Talk to our team about eligibility, approvals, and filings for your OPC conversion.