What Is Included In Our Package?
- Government Registration Fees
- Application Preparation
- Document submission to MSME registrar
- Obtain MSME certificate
One Person Company (OPC) Registration
One Person Company (OPC) Registration. The concept of One Person Company in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity.
What is meant by one person company?
The concept of OPC allows a single person to run a company limited by shares, and Sole proprietorship means an entity where it is run and owned by one individual and where there is no distinction between the owner and the business.
Who can form one person company?
In the old Companies act 1956 a minimum of two directors and shareholders were required to form a private limited company. However in case of a One person company, only 1 person is required who can be a shareholder as well as the Director. Hence the name, One Person Company.