What are the guidelines for mandatory or voluntary conversion of One Person Company (OPC) into a Private Limited Company?

What are the guidelines for mandatory or voluntary conversion of One Person Company (OPC) into a Private Limited Company?

Conversion of One Person Company into private limited company can happen only in two cases, Voluntary and Mandatory. Mandatory conversion happens only when the capital is raised to 50 lakh or turnover is more than 2 crore.

The voluntary Conversion happen only after two years from the date of incorporation.


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