As Sole Proprietorship Firms are not governed by any law.

OPC has more benefits than a private company hence any private company dealing with all sorts of businesses is applicable to convert itself to an OPC with the rules and provisions given in Section 18 of the Indian Companies Act of 2013, and the Companies (Incorporation) Rules of 2014 [CR-2014] Eligibility Criteria for Converting to One Person Company Legal Provisions related to Conversion of Private Company into One Person Company are given in Section 18 the Companies Act, 2013 read with Rule 7 of Companies (Incorporation) Rules, 2014.

Every Private Limited Company is required to cope up with the legal regulations that are imposed by the government to maintain proper data & functionality of companies in The Indian Economy.

What is the minimum requirement for the conversion The requirements stated by the government for the conversion under the First Provision of SEC 14(1) are: Minimum requirement of 7 shareholders and three directors are required Minimum Authorized paid-up capital up to five Lacs About 75% of members consent Few Amendments in the article of Association A new, unique name for the company Complete annual returns filing with the registrar What are the documents required for the conversion?

The new blood needs to be well versed with guidelines and the latest trends prevalent in India for trademark logos.

 Is the new catch phrase outlining the corporate culture in India.

Stamp Duty is a government fee for registering a company in their jurisdiction.

Cost of Registering Private Limited Company in India Nowadays, All the legal process and registration process is online now.

In the form, Attorney verifies the authenticity of the party to the government.

Government of India has made efforts my providing an online portal to apply for the same.