ONE PERSON COMPANY
The idea of One Person Company or OPC was acquired the year 2013 with the presentation of the Companies Act, 2013 canceling the old Companies Act 1956. Prior there was no such idea. . Area 2(62) of the Companies Act, 2013 characterizes the One Person Company as follows
"One Person Company" signifies an organization that has just a single individual as a part;
The presentation of OPC was progressive and it opened new freedoms for the entrepreneurs, presently they can partake in the cover of an organization for their business. A one-individual organization or OPC is a sub-classification of a private restricted organization. The privately-owned business needs at least 2 people as individuals or supporters for joining though an OPC can be fused with just 1 part. The OPC is claimed and overseen by a solitary individual. The Sole part can likewise be the head of the Company. Just a distinctive individual can turn into the sole individual from the OPC, not at all like a private or public organization where Companies or LLP can likewise turn into a part
Benefits of One Person Company
The OPC accompanies every one of the advantages of a private restricted organization with an additional benefit that only one part can enroll an OPC with this advantage one can appreciate better control and the board of the organization. An OPC has the accompanying advantages:
- The private company gets the corporate recognizable proof expanding the altruism of the business.
- The sole part takes the choice in this manner he can maintain his business in his own specific manner
- Restricted risk of the part
- With the corporate personality, the OPC can profit better from credit offices from different banks
- There are different relaxations given by the organization's act 2013 and less lawful intricacies
- In case of death or failure of the part the business can be prevailed by the chosen one of the part. This secures the interminable progression element of the organizations.
One Person Company (OPC) Registration Process
A-One Person Company can be framed with just two people as individuals and the chiefs. The course of enlistment of a one-individual organization is extremely basic and totally on the web. The individual craving to enroll in his organization can get his organization enlisted through the Ministry of Corporate Affairs entryway. That is www.mca.gov.in. An organization is should have been enrolled with the enlistment center of organizations or ROC. RoC keeps every one of the records in regards to every one of the organizations in India.
How to enroll online One Person Company?
There are sure prerequisites for enrolling in an organization. These are:
Computerized marks or DSC of the relative multitude of endorsers and DIN of the individual wanting to be the heads of the organization. Every one of the structures which are documented on the mca gateway requires Digital marks of the signatories
Subsequent to getting the DSC the structure Spice+ is filled on the entryway with the necessary records as connections.
Reports needed for enlisting an OPC Company
- For ID verification
- Aadhar Card
- Container card,
- Visa
- For Address verification
- Most recent 2 months Utility bills like Electricity Bill,
- Water Bill
- Bank explanations of the supporters
- Address confirmation of organization enrolled Office -
- Most recent 2 Months Electricity or water bill and in the event that the speed is leased then Rent Agreement, NOC from the proprietor
