One Person Company (Pvt Ltd)
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It is modern proprietorship firm. OPC can be formed by a single person.
1. DSC&DIN 2. OPC Name Reservation 3. MOA& AOA 4. Corporate Identification Number
Introduction of One Person Company One Person Company or OPC is a kind of proprietorship firm where the company is formed by a single person. Getting One Person Company Registration is very easy. Enterslice is one call away from your OPC Registration.
What is One Person Company Registration in India? The One Person Company was recently grown up as the strong improvement over the sole proprietorship. It is entirely a new concept which gives full control over the company to the single promoter while limiting its liability or duties to contribute to the business.
However, there is no road to raise an equity funding or offering the employee stock option in One Person Company in the early stage of the period. Into the bargain, If One Person Company anytime hits an average three- year turnover of over Rs 2 crore or has paid- up capital of over Rs 50 lakhs then it must be turned into the private limited company or public limited company within the six months.
Enterslice has a track record of registering thousands of One Person Company in India. Enterslice is working round the clock to serve their client the best consultancy and service.
One Person Company Registration under Companies Act 2013 Section 2 (62) of the Companies Act, 2013 defines OPC as a company which has only one person as a member.
Looking at the legal nature of OPC then we will see OPC can be registered only as a private limited company. This means that all the provisions that are applicable to the private company will be applied to OPC unless otherwise expressly excluded in the act or rules made thereunder.