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Conversion of an OPC into a private limited company is permitted only after two years from the date of incorporation.<br><br>However, if the paid-up share capital exceeds rupees 50 lakhs or if its average turnovers exceed INR 2 crores within two months, the OPC could convert into a private limited company by passing the special resolution, obtaining NOC from creditors and filing form INC 5.
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Conversion of an OPC into a private limited company is permitted only after two years from the date of incorporation. There is no fixed price or cost for registering a Private Limited Company in India. There are a number of dependent variables that determine the cost of incorporation of a Private Limited Company in India such as the location of registered office, number of directors, amount of authorised capital etc. How do I convert OPC in PVT Limited after 1 month of OPC registration? How much does a Private Limited Company Registration cost in India?
Contact Parpella, for more information However, if the paid-up share capital exceeds rupees 50 lakhs or if its average turnovers exceed INR 2 crores within two months, the OPC could convert into a private limited company by passing the special resolution, obtaining NOC from creditors and filing form INC 5.
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