We offer One Person Company Registration
One Person
- Easy Formation
- Lower Taxes
- Employement
- Easy to Close
- Complete Control
One Person Company
One Person company (OPC) came to enforce in India through the Companies Act, 2013. It is considered as the biggest game changer in corporate world. The main aim is to support individual entrepreneurs to establish a corporate and separate legal entity with
limited liability which is not available in sole
proprietorship concern. One of the biggest advantages of an OPC is that there can be only one member or one shareholder, while a minimum of two members are required for incorporating and maintaining a Private
Limited Company or a Limited Liability Partnership. OPC is considered as up graded
version of proprietorship concern with added advantages.
Key Features
- OPC is considered as Private limited companies as per companies Act 2013. Hence it is a separate legal entity.
- One Person Company is incorporated by one Individual called as member or share holder. OPC has limitation of perpetual succession. After the death of promoter the continuation of OPC depend upon the nominee as appointed at the time of registration of OPC.
- OPC may have minimum one director and maximum of 15 directors.
- OPC enjoy several privileges in term of statutory compliance as per Companies Act 2013.
- Income Tax shall be paid based the annual accounts. Income tax rate will be the rate as applicable to domestic company.
- As per startup scheme OPC is also considered as Startup Company for getting all benefits under startup India.
Triode Financial helps you in choosing the best form of organization based on your
requirement & business ideas. We can help in registration of One Person Company
(OPC) and provides proper guidance in term of legal, financial and taxation during the
tenure of business.