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)

Get Free Expert Advice

10 + 5 =

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

  1. 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 like any other legal entity it has perpetual existence.
  2. Organized Sector of Proprietorship:
    1. 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 opens the avenues for more favorable banking facilities. Proprietors always have unlimited liability. If such a proprietor does business through an OPC, then liability of the member is limited.

    2. Lesser Compliance burden:
      1. 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.

      2. Easy to Get Loan from Banks
        1. Banking and financial institutions prefer to lend money to the company rather than proprietary firms. In most of the situations Banks insist the entrepreneurs to convert their firm into a Private Limited company before sanctioning funds. So it is better to register yourstartup as a One Person private limited rather than proprietary firm.

        Starting aOPC is easy with BIZCRUX

        6 + 4 =

        We helped 500+ OPC to start their business.

        PACKAGES

        PROCESS

        =

        Purchase of Package

        =

        Expert Consultation

        =

        DSC and DIN

         


        Name Approval

         

        Registration Certificate

        DOCUMENTS REQUIRED

        Photo ID Proof of Director

        ADDRESS PROOF of Director

        Proof of registered office

        Signed incorporation Documents

        Specimen Signatures

        Let’s Start Something new
        Say Hello!

        Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit laborum. Sed ut perspiciatis unde omnis.