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A One Person Company (OPC) is a type of business entity that allows a single person to operate and manage a company. It was introduced in many countries to encourage entrepreneurship and ease the burden of compliance for small business owners.
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What is One Person Company?
What is One Person Company (OPC)? OPC is a type of business entity that has only one shareholder as its member. www.kanakkupillai.com #OnePersonCompanyRegistration
Benefits of Registering as One Person Company OPC offers various benefits, such as limited liability, easier compliance requirements, and perpetual succession. LEARN MORE www.kanakkupillai.com #OnePersonCompanyRegistration
Definition and Characteristics of One Person Company OPC is a separate legal entity that has limited liability, meaning the member's personal assets are protected in case of business losses or debts. www.kanakkupillai.com #OnePersonCompanyRegistration
Eligibility Criteria for One Person Company To register as an OPC, a business must have only one member and a maximum paid-up capital of Rs. 50 lakhs. www.kanakkupillai.com #OnePersonCompanyRegistration
Advantages of OPC over Sole Proprietorship 01 02 Limited Liability Separate Legal Entity 03 Easier transfer of ownership compared to sole proprietorship www.kanakkupillai.com #OnePersonCompanyRegistration
Advantages of OPC over Partnership One person company offers limited liability and easier compliance requirements compared to partnership. www.kanakkupillai.com #OnePersonCompanyRegistration
Process of One Person Company Registration Kanakkupillai can assist business owners with the entire one person company registration process, from obtaining digital signatures to filing the incorporation documents with the Registrar of Companies. www.kanakkupillai.com #OnePersonCompanyRegistration
Legal Compliance Requirements for One Person Company Kanakkupillai can provide ongoing support to ensure that business owners meet all the legal compliance requirements, such as filing annual returns and maintaining proper books of accounts. www.kanakkupillai.com #OnePersonCompanyRegistration
Taxation for One Person Company OPC is taxed like any other company, with a corporate tax rate of 25%. www.kanakkupillai.com #OnePersonCompanyRegistration
Contact Us Start your One Person Company registration online with Kanakkupillai - Your trusted partner for hassle-free business registration. Get expert assistance and complete your registration in just a few clicks! Contact us now to get started. +91 7305 345 345 support@kanakkupillai.com www.kanakkupillai.com