Many solo software developers launch their products as a One Person Company (OPC) to retain complete control and secure corporate liability benefits. However, as product-market fit is achieved, scaling requires bringing on co-founders, offering equity incentives to engineers, and raising venture capital. An OPC cannot have multiple shareholders, making a conversion to a Private Limited Company a statutory and operational necessity. Acclevate makes this transition smooth and highly strategic.
As a solo-led enterprise scales, converting from a One Person Company (OPC) to a Private Limited Company is a natural milestone to accommodate new equity partners, secure venture capital, and build a board-managed corporate structure. While an OPC provides corporate status, it restricts equity ownership to a single individual, making third-party investments impossible. We execute both voluntary and structural conversions under Section 18 of the Companies Act, 2013, amending your Memorandum and Articles of Association (MoA & AoA) and transitioning your legal framework. Our conversion process integrates seamlessly with your ongoing business, preserving your corporate identity, operational history, and regulatory licenses while opening your capital structure to co-founders, key employees, and institutional investors.
A One Person Company is legally restricted to a single shareholder and director. To scale your SaaS beyond a solo project, you must distribute equity to co-founders, early advisors, and venture capital backers. Converting to a Private Limited Company allows you to instantly expand your board of directors, issue new shares, and build a collaborative corporate growth structure.
Converting an OPC involves drafting new Articles of Association (AOA) and Memorandum of Association (MOA) that support multiple directors, and filing mandatory forms with the Ministry of Corporate Affairs (MCA). Acclevate ensures all regulatory filings are perfectly executed, maintaining your tax registration history (such as your PAN, TAN, and GSTIN) intact to avoid any business interruption.
Manage the complete MCA application process for conversion, preparing and submitting all corporate resolutions, declarations, and statements.
Redraft your corporate charter documents to accommodate multiple members, directors, transferability of shares, and standard governance clauses.
Facilitate the seamless addition of the minimum second director and shareholder, structuring initial share allocations and director consents (DIR-2).
Maintain your active corporate identity (CIN), existing tax PAN/TAN registrations, and banking relationships throughout the transition.
No, the government removed the mandatory capital (₹50 lakhs) and turnover (₹2 crores) thresholds in 2021. You can now choose to convert voluntarily at any stage of your growth to suit your capital requirements and corporate goals.
You require a special resolution passed by the sole member, an altered MoA and AoA, a certified list of directors and shareholders, the latest audited financial statements, and the consent of the new director/shareholder in Form DIR-2.
Unlike other business transitions, your corporate entity (CIN) remains exactly the same. Only the legal name changes (from 'OPC Private Limited' to 'Private Limited'). We manage the name update on your existing PAN, GSTIN, and bank accounts without requiring fresh registrations.
Comprehensive solutions tailored perfectly to your industry.
Secure your unique Director Identification Number swiftly through certified filing on the MCA V3 portal.
