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One Person Company (OPC) was introduced as a significant upgrade over sole proprietorship in the Constitution. In this type of company, the sole person is the only shareholder. The Companies Act of 2013 introduced the OPC as a new type of entity that aims to promote the corporatization of micro-businesses and entrepreneurship. Compared to a Private Limited Company, the OPC has lower compliance requirements.<br><br>Registration Arena can assist to complete the OPC formation procedure in a few simple steps.<br>Visit us - https://registrationarena.com/opc-registration/
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What is an One Person Company ? • One Person Company(OPC) is a company that can be formed by a sole member. • It allows single founders to enjoy the status of a company and have full control over the company while limiting his/her liability to contributions to the business.
Minimum Requirement For One Person Company Registration • Min 1 Directors/Shareholders • Minimum capital of 1 Rupees • Nominee for OPC • DIN & DSC’s for Director/Shareholder
Advantages of OPC Registration • Ideal for Solo Entrepreneurs • Separate legal entity • Less Compliance burden • Easy to register, manage & run
Features of OPC Registration • One Member One OPC • Only natural person to be a member of OPC • Naming of OPC • No Limitation of Turnover and Paid-up capital for Conversion
Website :www.registrationarena.com Email : support@registrationarena.com Address :Stepup India Legal Solutions Private Limited, Flat no 202, 2nd Floor,U-A-3/1, Above Vaibhav Jewellers, Ajmera Housing Complex, Pimpri – Pune 411018 Contact Us Phone :+91 8600544411, +91 8600544422