An LLP cannot be converted into One Person Company. Limited Liability Partnership Rules, 2009 does not contain any provisions for the conversion of an LLP into an OPC. Though vice-versa is legally admissible.

Can a Limited Liability Partnership(LLP) be converted into a One Person Company(OPC)?

No, an LLP cannot be converted into an OPC. Limited Liability Partnership Rules, 2009 does not contain any provisions for the conversion of an LLP into a One Person Company.

• Number of Owners

In Limited Liability Partnership, there is a statutory requirement of having a minimum of two partners with no upper limit. Hence an LLP can have multiple owners. Whereas, there can be only one single owner/shareholder in an OPC.

Why should I register an LLP over an OPC?

An LLP is usually opted by such entrepreneurs, who prefer to carry out their business in a conventional style, by having partners in their business. In an LLP, there are minimum two partners, having a limited liability. To get a detailed insight to register an LLP over an OPC, visit Advantages of LLP.

Why should I register an OPC over an LLP?

An OPC is usually opted by such entrepreneurs, who prefer to carry out their business in a sole proprietorship style. An OPC is an up-gradation of a Sole Proprietorship.To get a reason to register an OPC over an LLP then Visit Advantages of OPC