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One Person Company Registration
Convert Your Conversion Of Proprietor To One Person Company in Trichur
Transitioning to a One Person Company (OPC) offers limited liability, legal recognition, and better credibility while retaining single ownership control.
Conversion Of Proprietor To One Person Company in Trichur
Fill in the details to upgrade your business entity
Conversion Of Proprietor To One Person Company in Trichur
Complete the form below to get expert consultation.
Benefits of OPC
Why convert your Proprietorship into an OPC?
Limited Liability Protection
Protects the owner’s personal assets from business liabilities and losses.
Better Business Credibility
OPC structure improves trust with banks, vendors, and government authorities.
Separate Legal Entity
OPC exists independently from its owner, ensuring continuity and stability.
Easy Compliance Structure
Fewer compliance requirements compared to Private Limited Companies.
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 adding partners.
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What is Conversion Of Proprietor To One Person Company in Trichur?
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.
Proprietorship vs OPC
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
Corp 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 in Trichur
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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