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One Person Company

One person company is a new concept in the country under the Companies Act, 2013 which has..

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One Person Company

One person company is a new concept in the country under the Companies Act, 2013 which has only one person as a company. One Person company is required to identify in its name in bracket as “ One Person Company” after its name.       Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC.

Inclusions:

  • One Digital Signature Copy
  • The directors must be registered with the MCA
  • One Director Identification Number
  • The directors must be registered with the MCA
  • Name Reservation
  • We will draft your company’s constitution
  • MoA ,AoA & Filling of incorporation documents
  • We will draft your company’s constitution
  • PAN & TAN Registration
  • We will file the application with NSDL / UTI
  • Free Consulting with CA / CS
  • Local / Tele consulting with a CA / CS for free for 1 Year
  • Self attested scanned copy of PAN Card or Passport
  • Self attested scanned copy of Voter’s ID/Passport/Driver’s Licence/Aadhar Card
  • Self attested scanned copy of Latest Bank Statement/Telephone bill/Gas Bill
  • Soft/Scanned Copy of passport size photographs
  • Preferable name in writing
  • Scanned copy of notarised rental agreement in English
  • Scanned copy of NOC from building owner
  • Scanned copy of building tax receipt, if it is owned.
  • Corporate Form – In business having corporate form has indirect advantage. People like to deal with your company and you can achieve their confidence in your business.
  • Limited Liability- As sole proprietor, you have unlimited liability for your business result. If you are doing your personal assets can be claimed by your creditors. So you can choose one person company limited by share form and your liability is limited to business asset. Any business loss can not touch your personal saving.
  • Easy to get loans from financial institutions- Banking and financial institutions preferred to lend money to the company rather than proprietary firms.
  • Continuity in existence- The OPC is an artificial entity distinct from your its owner,   Hence it has a perpetual succession.
  • Obtain Digital Signature
  • Apply for Director Identification name
  • Drafting of MOA, AOA and other incorporation documents
  • Filing of Incorporation document of INC 29
  • Pay fees & Stamp duty
  • Obtain certificate of Incorporation
  • Apply for PAN & TAN
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