A lot of aspiring entrepreneurs or individuals with an idea want to expand their reach and build a sizeable brand. Developing a massive company from the beginning is not easy, and many choose to start a One Person Company (OPC) instead. This is something our experts help users build.
One Person Company
In general, public companies require at least seven members and three directors, while a private company needs around two members and two directors to incorporate. Single-member/director companies can also incorporate under the 2013 Companies Act now, but the process can prove challenging. You can take the help of our experienced leaders and consultants for this process. We hold expertise in this aspect and provide dedicated support to our clients to meet the necessary compliance requirements and apply for a sole proprietorship.
From the beginning of the documentation process to the final authorization, depend on our service providers to handle most of the heavy lifting in your process. Need some help soon? Contact us whenever necessary!
Why should you opt for OPC registration?
Multiple benefits prompt sole proprietors to opt for OPC registration services with our support. Here are some of them.
- Applying for the OPC shall give you legal entity status and protect them from major losses; creditors cannot sue the company owner but the OPC itself
- You are liable to meet limited compliance requirements compared to conventional private/public
- company business registration
- The company, registration process, documentation, establishment, etc., are easier to manage.
- Fundraising is simpler to manage through incubators, angel investors, venture capitals, etc.
- There is no minimum amount for capital requirement payment, only Rs. 1 lakh OPC incorporation authorized capital.
- You can appoint a nominee; OPCs have perpetual succession.
Contact us immediately to get started with this registration process!