Proprietorship to OPC
Proprietorship to OPC
Shifting a proprietorship to a One Person Company (OPC) is a smart move when the business starts growing and needs structure, liability protection and better credibility. An OPC gives a single owner the benefit of corporate status while keeping operations simple. The transition needs proper valuation, transfer documentation and MCA filings so the business continues smoothly without compliance gaps.
What We Assist With
• Assessing eligibility and advising on the conversion route
• Name application and drafting incorporation documents
• Preparing affidavits, declarations and consent documents
• Transferring assets, liabilities, licenses and registrations
• Filing incorporation forms and completing MCA approvals
• Setting up the OPC’s statutory registers and initial compliance
• Post-conversion guidance on GST, bank updates and other changes
Why Businesses Choose OPC
• Limited liability for the owner
• Better credibility with banks and vendors
• Clear structure for future growth
• Continuity even if the owner is unavailable
• Separate legal identity for contracts and expansion
Frequently Asked Questions
Yes, as long as the owner is an Indian citizen and a resident. The business should also meet MCA’s basic eligibility conditions.
No. An OPC can be started with any capital the owner decides, even a nominal amount.
The proprietorship isn’t “closed”, but its business assets and operations are transferred to the new OPC. After the transfer, the sole proprietorship stops separate operations.
GST needs to be migrated to the OPC. Sometimes a fresh GST registration is required depending on the jurisdiction.
Typically 10 to 15 working days once documents are ready.