CONVERSION OF OPC INTO PVT LTD


This query is : Resolved 

Quick Summary
When converting a One Person Company (OPC) into a Private Limited company, the PAN (Permanent Account Number) will indeed change. This is because the conversion creates a new legal entity, distinct from the original OPC. While both are types of companies, the change in legal structure necessitates a new PAN for the newly formed Private Limited entity.

15 June 2020 WILL PAN REMAIN SAME AFTER CONVERSION OF OPC INTO PVT LIMITED?

15 June 2020 No, PAN will change as it's a different entity.

c.bakshi (Expert)
16 June 2020 SIR WHAT I BELIEVE PAN REMAINS THE SAME BECAUSE BOTH ONE PERSON COMPANY AND PVT LTD ARE COVERED UNDER THE MEANING OF COMPANY. CAN U ELABORATE HOW IT IS DIFFERENT?

16 June 2020 I agree with you PAN will not change.


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