profile
contact
-
9660901007
-
info@sariwal.com
-
+91-9660901007
At Sariwal Consultancy, transitioning from a Private Limited Company to an OPC (One Person Company) entails converting the business's legal structure into a single-member entity. This conversion can present benefits to certain businesses by simplifying ownership and management structures, easing compliance responsibilities, and potentially lowering operational expenses. It's important to note that not all private limited companies are eligible for conversion to an OPC, and specific criteria must be met to initiate the process. Additionally, adhering to legal and regulatory requirements is crucial to ensure the accurate and compliant completion of the conversion.