This article shares information on OPC One Person Company Registration in India and other relevant details. For those who wish to apply for Company Registration this will certainly help.
What is an OPC?
The One Person Company (commonly known as OPC) is the type of entity which is owned by a single person. It allows a sole person to own and also manage the entire business operations. Similar to Private Limited Company, OPC Registration and its operations are governed by the Indian Companies Act, 2013.
Benefits of an OPC?
An OPC is a good alternative to running a sole proprietorship, largely because it gives limited liability to the business owner. This means that your liability is limited to the amount you’ve invested in the business; business debts cannot be recovered from personal possessions. Also, a sole proprietorship ceases to exist on the death of its promoter. In the case of an OPC, the nominee director takes over and the entity continues to exist. Single entrepreneurs who do not have another partner to start a private limited company may also consider it.
Documents Required for an OPC?
- Photo, ID and Address proof is required to along with DSC application form for issuance of DSC.
- Certificate of Incorporation: ROC then scrutinizes the incorporation form and documents, if ROC finds the documents are in order, issues Certificate of Incorporation which is the Registration certificate of OPC.
Related Topics
Private Limited Company Registration
Public Limited Company Registration
Partnership Company Registration
OPC One Person Company Registration
Sole Proprietorship Business Registration
How to get One Person Company (OPC) Registration?
The One Person Company (OPC) Registration application is an extensive process subject to strict adherence to complete and accurate paperwork and procedure. An error in paperwork is likely to delay the process by several weeks or even months leading to loss of time and money.
Hiring an experienced OPC Company Registration Consultant can help you save time and efforts and get One Person Company (OPC) Registration without a hassle in stipulated time period.
Top 5 Company Registration Consultants in India
Registrations India – Call: 9911599119 – https://registrationsindia.com
Meera Corp – Call: 8048714063 – https://www.meeracorp.in
Nurturelabz – Call: 9742307722 – https://www.nurturelabz.com
Registration Consultants – Call: 9350822123 – http://www.registrationconsultant.in
Raag Consultants – Call: 8800463370 – https://www.raagconsultants.co.in/
To know more about Steps to Register a new Company, visit: https://www.mca.gov.in
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