One Person Company (OPC): Process of Registration, Required Documents and Benefits in Bangalore
According to the OPC Company registration in Bangalore One person company is a recent and new form of business registration that was established in India through the Companies Act 2013, it is purely a new concept that approaches with many adaptable features and benefits and that has added advantages for businessmen and entrepreneurship.
The person who is looking, to begin with, the idea with absolutely flawless limited liability functions and alone management authority can simply take care of the OPC registration.
Section 2(62) states that OPC is a Company that has only one single person as a member. In an alternate statement, there is only one single person who is playing the role of manager, analyst, director, and coordinator for business and its management, all in the authority observance.
As these benefits have come with many advantages for and to the entrepreneur, here is the topmost reason to consider registering yourself as a one-person company in India.
Benefits of One Person Company Registration:
Independent Existence: OPC registration service provider in Bangalore This has one of the major benefits and advantages that come with this is that legally, a company is a person, having a standard seal, and everlasting succession. It gets the authorization to work with all the functions of an integrated person.
Limited Liability: The person is limited to raising the unlimited liability as the law imposes that the liability of the member will be up to the scale of his share in the company. Hence, it is considered a good perspective.
Separate Property: An OPC has its own separate entity which is due to having separate legal functions and entities. So, OPC will become the proprietor of its benefits, and the member will not have any right to the advantages of the company.
Tax Flexibility And Savings: Directors’ remuneration, rent, and interest are deductible expenses that reduce the efficiency of the Company and eventually bring down the taxable income of your business.
Complete Control Of The Company: Due to the restriction of having finish authorization of the company outside and inside as well.
If you were thinking of registering for One Person Company in India, the following are the documents necessary.
In Opc Registration Consultants in Bangalore Required Documents for Obtaining OPC Certificate:
DIN (Director Identification Number) of director
DSC (Digital Signature) of director and shareholder
Self-attested PAN Card copy of shareholder and the director and nominee
Passport size color photo of the nominee or the director in JPEG format
Educational qualification and Occupation, nationality and place of birth.
gives you benefits in the form of affordable, fast, and secured one-person company registration. Here are the steps you have to follow for obtaining an OPC certificate:-
Verification of documents provided by you
Application for Name Approval (digital RUN WEB Application on MCA Portal)
Acquiring DSC (Class-2) and DIN as required above. However, in new companies DIN can be acquired within SPICe + facility
Incorporation of the company along with the filing of e-AOA and e-MOA
Providing you Certificate of Registration of Incorporation
Filing of the opening of business certificate after the time period of 180 days (separately chargeable)
What will you get from this? DIN for 1 director, One DSC, Name approval of company- RUN WEB FORM/ SPICe+, Memorandum of Association/ Article of Association of Company (e-MOA/&-AOA)
How to Apply for OPC REGISTRATION in Electronic City?
Do you want to get an OPC REGISTRATION in Karnataka? Then we are here to help you, we are the top company incorporation service provider in Bangalore. feel free to send your inquiry to info@consultry.in or feel free to contact: 7975187793 or visit https://www.consultry.in/
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