{"id":867,"date":"2025-07-30T00:00:00","date_gmt":"2025-07-30T00:00:00","guid":{"rendered":"https:\/\/rize.blog.razorpay.in\/how-to-convert-a-one-person-company-opc-to-llp-in-india\/"},"modified":"1970-01-01T00:00:00","modified_gmt":"1970-01-01T00:00:00","slug":"how-to-convert-a-one-person-company-opc-to-llp-in-india","status":"publish","type":"post","link":"https:\/\/razorpay.com\/rize\/blogs\/how-to-convert-a-one-person-company-opc-to-llp-in-india\/","title":{"rendered":"How to Convert a One Person Company (OPC) to LLP in India"},"content":{"rendered":"<h2 id=\"\"><strong id=\"\">Limited Liability Partnership (LLP)<\/strong><\/h2>\n<p id=\"\">An LLP is a <strong id=\"\">hybrid business structure<\/strong> that combines the benefits of a company (limited liability) with the flexibility of a partnership. Some key features include:<\/p>\n<ul id=\"\">\n<li id=\"\">Minimum two partners required<\/li>\n<li id=\"\">Liability of partners is limited to their contribution<\/li>\n<li id=\"\">No minimum capital requirement<\/li>\n<li id=\"\">Fewer compliance requirements than a company<\/li>\n<li id=\"\">Separate legal identity from its partners<\/li>\n<\/ul>\n<h2 id=\"\"><strong id=\"\">One Person Company (OPC)<\/strong><\/h2>\n<p id=\"\">Introduced under the Companies Act, 2013, an OPC allows a single individual to operate a corporate entity. It offers:<\/p>\n<ul id=\"\">\n<li id=\"\">Limited liability<\/li>\n<li id=\"\">Separate legal identity<\/li>\n<li id=\"\">Easier fundraising compared to a sole proprietorship<\/li>\n<li id=\"\">Greater credibility in business dealings<\/li>\n<\/ul>\n<p id=\"\">However, OPCs face limitations like:<\/p>\n<ul id=\"\">\n<li id=\"\">Restrictions on fundraising<\/li>\n<li id=\"\">Mandatory conversion if turnover exceeds \u20b92 crore or capital exceeds \u20b950 lakh<\/li>\n<li id=\"\">Cannot have more than one member<\/li>\n<\/ul>\n<h2 id=\"\"><strong id=\"\">Conversion of OPC to LLP<\/strong><\/h2>\n<p id=\"\">OPC conversion to LLP is governed by the <strong id=\"\">Companies Act, 2013<\/strong> and the <strong id=\"\">Limited Liability Partnership Act, 2008<\/strong>. While direct provisions for OPC-to-LLP conversion are not explicitly provided, companies (including OPCs) can be converted into LLPs under <strong id=\"\">Section 366 of the Companies Act<\/strong> and the <strong id=\"\">Second Schedule of the LLP Act<\/strong>.<\/p>\n<h2 id=\"\"><strong id=\"\">Understanding the Legal Provisions for Conversion of OPC to LLP<\/strong><\/h2>\n<p id=\"\">The legal path for converting an OPC to an LLP involves:<\/p>\n<ul id=\"\">\n<li id=\"\">Section 366 of the Companies Act, 2013 (deals with companies being converted into LLPs)<\/li>\n<li id=\"\">Second Schedule of the LLP Act, 2008 (provides the procedure for such conversions)<\/li>\n<li id=\"\"><a id=\"\" href=\"https:\/\/razorpay.com\/rize\/company-registration\/document-required\/llp-form-fillip\">Form <strong id=\"\">FiLLiP<\/strong><\/a> and <strong id=\"\">Form 18<\/strong> under the <strong id=\"\">LLP Rules, 2009<\/strong><\/li>\n<\/ul>\n<p id=\"\">Note: Prior approval from the <a id=\"\" href=\"https:\/\/razorpay.com\/rize\/blogs\/what-is-roc-filing\/\"><strong id=\"\">Registrar of Companies (ROC)<\/strong><\/a> is mandatory.<\/p>\n<p id=\"\"><strong id=\"\"><em id=\"\">Related Read: <\/em><\/strong><a id=\"\" href=\"https:\/\/razorpay.com\/rize\/blogs\/roc-compliance-calendar\/\"><strong id=\"\"><em id=\"\">ROC Compliance Calendar for 2025\u20132026<\/em><\/strong><\/a><\/p>\n<h2 id=\"\"><strong id=\"\">Eligibility Conditions and Compliance Steps for Conversion<\/strong><\/h2>\n<p id=\"\">To be eligible for conversion:<\/p>\n<ul id=\"\">\n<li id=\"\">Before conversion, the OPC must have at least <strong id=\"\">two shareholders<\/strong> (LLPs require a minimum of two partners).<\/li>\n<li id=\"\">No active defaults in filing <strong id=\"\">annual returns, income tax, or other statutory dues<\/strong>.<\/li>\n<li id=\"\">All <strong id=\"\">secured creditors<\/strong> (if any) must give their consent.<\/li>\n<li id=\"\">The company should not have applied for <strong id=\"\">winding up<\/strong> or <strong id=\"\">struck-off status<\/strong>.<\/li>\n<\/ul>\n<p id=\"\">Compliance steps include:<\/p>\n<ol id=\"\">\n<li id=\"\">Holding a Board Meeting and passing a resolution for conversion<\/li>\n<li id=\"\">Increasing the number of members\/directors to meet LLP requirements<\/li>\n<li id=\"\">Obtaining name approval through <strong id=\"\">RUN\u2013LLP<\/strong> or <strong id=\"\">FiLLiP<\/strong> form<\/li>\n<li id=\"\">Filing Form FiLLiP and Form 18 with ROC<\/li>\n<li id=\"\">Executing an <strong id=\"\">LLP Agreement<\/strong> within 30 days of incorporation<\/li>\n<\/ol>\n<p id=\"\"><strong id=\"\"><em id=\"\">Looking to switch from OPC to LLP? Get professional help for a smooth and compliant business conversion with <\/em><\/strong><a id=\"\" href=\"https:\/\/razorpay.com\/rize\/company-registration\/llp\"><strong id=\"\"><em id=\"\">Razorpay Rize&#8217;s LLP&nbsp;Registration Service<\/em><\/strong><\/a><strong id=\"\"><em id=\"\">.<\/em><\/strong><\/p>\n<h2 id=\"\"><strong id=\"\">Documents Furnished along with Form 18<\/strong><\/h2>\n<p id=\"\">Form 18 is the declaration for conversion and must be supported with:<\/p>\n<ul id=\"\">\n<li id=\"\">Board resolution for conversion<\/li>\n<li id=\"\">Consent of all shareholders<\/li>\n<li id=\"\">Statement of assets and liabilities certified by a CA<\/li>\n<li id=\"\">List of creditors and their consent<\/li>\n<li id=\"\">Latest income tax return acknowledgement<\/li>\n<li id=\"\">Copy of PAN card and Aadhaar of all proposed partners<\/li>\n<li id=\"\">Address proof of the registered office of the LLP<\/li>\n<li id=\"\">NOC from the property owner (if rented office)<\/li>\n<\/ul>\n<h2 id=\"\"><strong id=\"\">Procedure for Conversion of OPC to LLP<\/strong><\/h2>\n<p id=\"\">Here\u2019s a step-by-step breakdown:<\/p>\n<ol id=\"\">\n<li id=\"\"><strong id=\"\">Board Resolution<\/strong>: Approve the conversion plan and authorise directors to file the necessary forms.\n<\/li>\n<li id=\"\"><strong id=\"\">Increase Number of Members<\/strong>: Since an LLP requires at least two partners, the OPC must first induct another shareholder.\n<\/li>\n<li id=\"\"><strong id=\"\">DIN &amp; DSC<\/strong>: Ensure all partners have a <strong id=\"\">Director Identification Number (DIN)<\/strong> and <a id=\"\" href=\"https:\/\/razorpay.com\/rize\/blogs\/digital-signature-certificate-dsc\/\"><strong id=\"\">Digital Signature Certificate (DSC)<\/strong><\/a><strong id=\"\">.\n<p><\/strong><\/li>\n<li id=\"\"><strong id=\"\">Name Approval<\/strong>: Apply for name reservation using RUN\u2013LLP or through FiLLiP.\n<\/li>\n<li id=\"\"><strong id=\"\">Form FiLLiP Filing<\/strong>: File FiLLiP with ROC for incorporating the LLP.\n<\/li>\n<li id=\"\"><strong id=\"\">Attach Form 18<\/strong>: While filing FiLLiP, attach Form 18 with the required documents.\n<\/li>\n<li id=\"\"><strong id=\"\">Certificate of Incorporation<\/strong>: On approval, the ROC will issue a <a id=\"\" href=\"https:\/\/razorpay.com\/rize\/company-registration\/document-required\/certificate-of-incorporation\"><strong id=\"\">Certificate of Incorporation<\/strong><\/a><strong id=\"\"> for the LLP.\n<p><\/strong><\/li>\n<li id=\"\"><strong id=\"\">Execute LLP Agreement<\/strong>: Draft and file the LLP Agreement within 30 days.\n<\/li>\n<li id=\"\"><strong id=\"\">Apply for PAN, TAN &amp; GST<\/strong>: Update statutory registrations with new LLP details.\n<\/li>\n<li id=\"\"><strong id=\"\">Close OPC Bank Account &amp; Update Records<\/strong>: Close existing bank accounts of OPC and update stakeholders.<\/li>\n<\/ol>\n<h2 id=\"\"><strong id=\"\">Frequently Asked Questions (FAQs)<\/strong><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Learn the process to convert your OPC to a Limited Liability Partnership (LLP) in India. Understand eligibility, documents required, and MCA compliance steps.<\/p>\n","protected":false},"author":1,"featured_media":868,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts\/867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/comments?post=867"}],"version-history":[{"count":1,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts\/867\/revisions"}],"predecessor-version":[{"id":1246,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts\/867\/revisions\/1246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/media\/868"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/media?parent=867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/categories?post=867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/tags?post=867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}