Online OPC registration or A One Person Company is like one man show which does not look out for any other person to join hands, where the individual would be the Director and Shareholder of the Company. The main extra necessity is he needs to delegate a candidate for the organization. Companies Act 2013 defines the rules for the One Person Company.
Rules for building up the Online OPC registration
One Person Company registration insists that just resident’s of India can begin a One Person Company in India or individual occupant in India i.e an individual who remained in India for a time of at the very least One Hundred and Eighty days. A minor will not become part or chosen one of the One Person Company or can hold an offer with advantageous intrigue. No such organization can change over willfully into any sort of organization except if two years have terminated from the date of joining of One Person Company, with the exception of when edge limit (settled up share capital) is expanded past fifty lakh rupees or its normal yearly turnover during the applicable period surpasses two crores rupees.
Features of Online OPC registration
OPC registration explains the features of it. It is controlled by people yet OPC’s are a different lawful substance like that of any enlisted corporate. It must have just a single part anytime and may have just a single chief. The part and candidate ought to be regular people, Indian Citizens, and inhabitant in India. The expression “inhabitant in India” signifies an individual who has remained in India for a time of at the very least 182 days during the promptly going before one schedule year. One individual can’t consolidate more than one OPC or turn into the chosen one in more than one OPC.
Also One Person Company registration states that an individual from OPC turns into a part in another OPC by ethicalness of his being the candidate in that OPC then inside 180 days he will need to meet the qualification rules of being Member in one OPC. No minor will become part or chosen one of the One Person Company or hold an offer with gainful intrigue. Such Company can’t be consolidated or changed over into an organization under area 8 of the Companies Act, 2013.
OPC registration gives some tips. Expecting you don’t have a major spending plan for promoting and would prefer not to put a little fortune in publicizing, here are a few different ways of showcasing adequately on a tight financial plan:
- Utilizing Word Press, you can make a site and a blog on a similar stage.
- It is anything but difficult to learn, yet on the off chance that you think that it’s difficult; you can generally recruit somebody for an independent place of work to do it for you.
- Next, make web based life profiles on LinkedIn, Facebook, Instagram, and Twitter. Start with these, and on the off chance that you need, you can likewise make accounts at other famous internet based life accounts like Pinterest, and so forth.
- It is an essential showcasing material like business cards, pamphlets, and flyers.
- Contingent upon your business, you may not require leaflets or flyers, yet you should have business cards.
Documents required for One Person Company registration
OPC registration needs the following documents.
- The details of the directors like e-mail id, their qualifications, contact numbers
- The address proofs like water bill, gas bill, electricity bill
- If the location is on rent then NOC from the landlord and the rent agreement
- Two photographs of the Directors
- PAN card
- Personal ID proofs like passport, Aadhar card
- Bank statement.
OPC registration has the following registration process. One person company can be registered with at least 1 director who can be an investor also. OPC needs least consistence contrasted with different types of organizations:
Start the procedure by applying to the Certifying Authority for Digital Signature Certificate. DSC is expected to sign the e-form carefully. Prior DIN was applied independently in structure DIR-3, but at this point up to three DIN can be applied through SPICe structure. Apply for the name reservation through RUN online on MCA. Up to two names can be applied in a solitary structure. When the name endorsement letter is gotten, the candidate will continue with the consolidation application. OPC registration insists to download SPICe structure from MCA and fill the total form by connecting essential records. Present the structure by paying the stamp obligation and government charges on the web. Recorder after the best possible confirmation of complete application will give a declaration of consolidation.
Advantages of OPC registration
- Limited Liability
- Possession or progression can be ceaselessly moved
- Separate legitimate substance, it’s viewed as a counterfeit individual with every single protected right
- Separate property rights wherein the chief responsible for settling on choices for organization’s sake.
- Record as a consumer of organization is examined while acquiring reserves
- Corporate expenses are relevant
- Limitations forced on OPC contrasted with Sole Proprietorship:
- One individual organization has a sole chief maintaining the business. It likewise has a candidate chief who might get the charge of business if the chief passes away. Or then again gets unequipped for getting into contract.
- In any case, area 149 grants the advertiser to select in excess of 15 chiefs subsequent to passing an exceptional goal.
- In OPC there is no compelling reason to hold such gatherings just the goal which will be required to impart to the individuals.
- The date on which is marked by the individuals are considered as gatherings. One Person Company need not to hold any AGM (Annual General Meeting) in every year Holding Annual General Meetings.
- OPC profits all the advantages under Enterprises advancement Act, 2006. The recently fire up OPC is smaller scale, little, or medium; consequently they are secured under this demonstration.
OPC registration is important so as to build up trust and helps in fundraising. We Smartauditor helps to get this OPC Registration Trichy, Erode and Salem at a reasonable cost with the help of professional Support.