One Person Company

PERSON COMPANY?

ONE PERSON COMPANY?

A one person company is a company which contains exactly one member.It is a separate legal entity from its promoter and the promoter has limited liability. Entrepreneurs who are capable of starting a venture on their own can make use of one person company (OPC) in India. In one person company, there is only one shareholder who is an Indian citizen and Indian resident i.e. stayed in India for at least 182 days in the preceding year. Shareholder nominates another person as a nominee in case of death or incapacity of the shareholder. One person company was introduced in the companies to encourage self-employment.You can not incorporate more than one person company or be a nominee of more than one OPC. Rules of OPC company do not permit Non-Banking Financial Institutions. An affidavit from every subscriber of the memorandum (i.e. members) and first directors, if any, that they have not been convicted of any offence in relation to the formation or management of any company, or have not been found guilty of any fraud or any breach of duty to any company during preceding five years.One Person Company in India is a separate legal entity from its promoter, offering limited liability protection to its sole shareholder.

What is OPC Registration ?

The possibility of One Person Company (OPC) in India was acquainted with give a lift to business visionaries who can possibly begin their own endeavor by enabling them to make a solitary individual organization. Since, no mediation from any outsider is seen, it makes it increasingly valuable. In this way, on the off chance that you need to fire up your very own business, you don't need to stress over all the mind boggling and monotonous procedures. One Person Companies are helping colossally in expanding the general economy of India. An ever increasing number of Entrepreneurs are coming up and setting up their business. Since, no intercession from any outsider is seen, it makes it progressively valuable. One Person Company, which is another idea in India, as of now observes a major blast. A gigantic effect on the economy and advancement of country is normal. It offers chances to numerous and will hence acquire imaginative and youthful personalities front of everybody. In this way, on the off chance that you need to fire up your very own business, you don't need to stress over all the perplexing and dreary procedures.

Procedure For OPC Registration

Complete our OPC Form

You are required to fill your details in our simple online questionnaire.

Obtain DSC and DIN for Director of OPC

Then, we shall obtain DSC and DIN for directors and apply for name approval of OPC.

Verification and Name Approval of OPC

Details provided by you for OPC registrationwill be verified by our experts.

Apply for the COI of OPC

We will apply for and obtain certificate of incorporation for OPC and then apply for TAN and PAN.

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