One Person Company (OPC) Incorporation
We help you be your own boss
Starting a One Person Company is a straightforward process. With the introduction of the Companies Act, 2013 the concept of the One Person Company came into existence to motivate small traders and entrepreneurs who have the potentiality to start their own business and build up their own identity. The biggest advantage of starting a One Person Company is that only one person is required to start the business. An entrepreneur can be the master of their own domain in case of One Person Company (OPC).
There are many benefits to one person company registration. Some of the benefits which can be enjoyed by an individual are a separate independent entity, limited liability, limited compliances and separate legal entity. Obtaining a registration for a one person company requires specific compliance. However, it is suitable to choose expert advice for your one person company registration.
Overview
A forward-thinking idea that promotes the incorporation of micro-businesses and persons with entrepreneurial ideas and gives a boost to entrepreneurs who have high potential to begin their venture by permitting them to build a single-person company.
Why Choose Us
Leading Financial Consultants At Your Service
We aim to protect and maximize client wealth with smart tailored solutions and we are experts in providing financial investment advice.
Professional
We aim not to just work for you, but to work with you for years to come by cultivating a professional relationship based on trust.
Privacy
We understand that a company’s financial investments and management is not for everyone to know, and take pride in out work ethic of client confidentiality.
Teamwork
We believe in teamwork, working collaboratively to achieve higher goals to optimize your business.
Support
Our experts are always there to support you throughout your financial journey and beyond.
FAQ
Frequently asked questions.
The minimum number of Directors required to form an OPC is one. However, there can be more than one up to 15 Directors. Please note that the restriction is on number of members and not Directors.
The nominee appointed by the member shall become the member then.
The OPC and the member can at any time can change the name of the nominee of the OPC by following the procedure laid down in provisions of Rule 4 of the Companies (Incorporation) Rules, 2014. However, it is important to note that even the nominee can withdraw his consent at any time.
In the given situation, the single person becomes member of two OPCs at the same time by virtue of circumstances and not voluntarily. In such a case, he shall meet the criteria as specified in the law within a period of 180 days.
