Convert LLP to OPC

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

 

 

 


Related Articles