OPC Registration India

Opc Registration Process India

The next step is to make an application for reservation of name for the proposed corporation. On the other hand, OPC or a 1-person corporation is a hybrid type of business mashing the flexibility or a sole proprietorship with separate distinct identity clause of a corporate physique. This is also why incorporation of OPC is gaining popularity in India. Organization will have to have registered workplace in India. The Organizations Act, 2013 introduced the notion of 1 Particular person Corporation in India for the entrepreneurs to get started their personal venture by permitting them to produce a single individual economic entity.

Opc Company Registration Fees

Absolutely free Compliances: OPC kind of corporation is incredibly quick to handle. One particular Person Firm (OPC) is a unique mode of doing organization. Form INC - two is kind for incorporation of one particular individual firm. ComScore is a media measurement and analytics business giving marketing information and analytics to enterprises, media and marketing agencies, and publishers. Scanned copy of the PAN Card is a mandatory ID proof for Indian Nationals for business registration. It is a exceptional 10 digit quantity which is allotted on filling an on the internet application in form ANF-2A with any regional workplace of DGFT.

D. A bank account ought to be opened with the support of Certificate of Incorporation, MOA and AOA and thereafter the checks of share capital need to be collected from the shareholders and deposit the same into company's newly opened bank account.OPC really should file a copy of the financial statements duly adopted by its member, along with all the documents which are necessary to be attached to such economic statements, within a single hundred eighty days from the closure of the monetary year.Now DIN can be applied inside SPICe kind for up to three directors.

Opc Registration In India

All the measures as described under ultimately culminates into the registration of the firm with the issuance of the certificate of Incorporation. Section two(62) of Firms Act, 2013 defines OPC as a enterprise which has only one particular person as a member.” As per Providers Act, 2013 OPC can be incorporated only as a private enterprise with the requirement that the individual forming the OPC really should be a organic particular person who is resident (i.e have stayed in India for at least 182 days in the course of the straight away preceding economic year) as well as a citizen of India.Once the application and the OPC Company Registration attached supporting documents are verified, the Tax Division will allot a TAN Quantity for your company. All notice and other Register One Person Company in India communications to the company are sent to its registered workplace. three.