OPC Registration
What is One Person Company (OPC) Registration?
A one-person company (OPC) is best suited for people who wish to be solo entrepreneurs
It is a company registered and maintained by a single person. It can be can easily be changed into a Private Limited Company or a Public Company.
Documents Required for registration
- Passport size photograph of owner
- Copy of Aadhaar Card/ Voter identity card of owner
- Copy of Rent agreement (If rented property)
- Electricity/ Water bill (Business Place)
- Copy of Property papers (If owned property)
- Landlord NOC (Format will be provided)
- Copy of PAN Card of owner
One Person Company is recognize as a private company. That company have one director and one shareholder only. In this firm an individual can now avail the all Company benefit.
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Benefits of One Person Company (OPC)
- Uninterrupted Existence
- Limited Liability
- Easy to obtain funds
- Less compliances
- Perpetual succession
- Market Value
- Easy Credit Facilities
- Easier Returns Filing