Can Llp be converted into One Person Company?

A One Person Company is a company structure that allows for the formation of a business with only one individual as its owner. So the next doubt come to ones mind is that, can LLP be converted into One Person Company? This blog gives you an idea on the conversion.

An OPC is a type of limited company that has only one member whereas an LLP is a business entity that requires at least two partners. Due, to the requirements and compliance obligations of these two structures converting an LLP into an OPC would involve several steps. These steps including,

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