One Person Compay Registration
ONE PERSON COMPANY REGISTRATION WITH BIZCRUX
As the name suggests OPC is a concept which allows an individual to get benefits of a corporate identity with limited liability. Bizcrux OPC registration packages
Rs. 9,899/- Rs. 14,999/- (35% off)
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What is One Person Company
Unlike a Private Limited Company OPC can be registered with only one member whereas minimum 2 members are required to register a Private company. Similar to a Company it has limited liability with a separate legal entity. Average time taken to register an OPC is 10 to 15 days.
Advantages of OPC
- One of its kind entity
This is the only type of corporate entity with a limited liability protection which can be incorporated with only one promoter. As
likeany other legal entity it has perpetual existence.
- Organized Sector of Proprietorship:
OPC converts the unorganized sector of proprietorship into the organized version. Various small and medium enterprises, doing business as sole proprietors, might enter into the corporate domain. The organized version of OPC will
opensthe avenues for more favorable banking facilities. Proprietors always have unlimited liability. If such a proprietor does business through an OPC, then liabilityof the member is limited.
- Lesser Compliance burden:
The One person Company includes in the definition of “Private Limited Company” given under section 2(68) of the Companies Act, 2013. Thus, an OPC will be required to comply with provisions applicable to private companies. However, OPCs have been provided with a number of exemptions and therefore have lesser compliance related burden.
- Easy to Get Loan from Banks
Banking and financial institutions prefer to lend money to the company rather than proprietary firms. In most of the
situationsBanks insist the entrepreneurs toconvert their firm into a Private Limited company before sanctioning funds. So it is better to register yourstartupas a One Person private limited rather than proprietary firm.
Starting aOPC is easy with BIZCRUX
We helped 500+ OPC to start their business.
- OPC registration with 2 DSC and 1 DIN.
- Includes Govt Fees and Stamp Duty.
- Application of PAN, TAN
- Everything in Standard Package.
- Share certificates.
- GST registration.
- Everything in Advance Package.
- Trade Mark filing.
- Legal Agreements.
- Bank Account Opening Assistance.
- 20% Discount on future Purchases from BIZCRUX.
Purchase of Package
DSC and DIN