What is an OPC (One Person Company) and how to register it in India. - PowerPoint PPT Presentation

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What is an OPC (One Person Company) and how to register it in India.

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One Person Company is one of the best types of enterprises for those individuals who do not like to work under others. GSB Infotech Business Solutions (LLP) is a large team of experts offers the best legal advisory services in all over India. Find the complete solutions for your all queries under one roof. Ask the leading experts. – PowerPoint PPT presentation

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Title: What is an OPC (One Person Company) and how to register it in India.


1
What is opc (one person company)
2
One person company
  • One-person company is the best enterprise for
    those individuals who do not like to work under
    others and are looking for the benefits of the
    private limited company.
  • One Person Company (OPC) registration can be done
    by a single person and it is jusristic and
    liability of members is limited to their shares.
  • OPC gives a single director to enjoy full control
    over the business.

3
Advantages of Opc
4
Continuity of existance
  • The life of an OPC business is not affected by
    the status of shareholders and even after the
    death of the shareholder, the One Person Company
    continues to exist, that is why single business
    owners benefit from the registration of a One
    Person Company.

5
credibility
  • OPC books accounts audited annually, it has
    greater credibility among vendor, customers,
    employees and bakers.

6
Single promoter
  • One Person Company registration can be started
    and operated by a single promoter which provide
    full control over the business of a single person.

7
Limited Liability
  • Liability of directors of One Person Company is
    limited to their shares. That means if the
    company, suffers from any loss and faces
    financial crisis then the personal assets of
    share holder / member / director will not be at
    risk of being seized by bank, creditors and
    government.

8
Opc registration process
9
Apply for dsc
  • Digital Signature Certificate (DSC) Directors
    of the one person company should have a digital
    signature which will be used to file the OPC
    registration, ROC compliance forms, and Tax
    returns.

10
Apply for din
  • Digital Identification Number (DIN) When a
    Digital signature is approved, and you will get
    an approval email from the registrar of companies
    that you are now eligible to be a director of an
    OPC company. It takes 1-2 working days to approve
    DIN as per One Person Company registration
    procedure.

11
Name reservation
  • After DIN, Allotment we will proceed to file a
    Name approval application to ROC on your behalf.

12
Final incorporation and cin
  • After name endorsement from the registrar of
    companies, we will record the OPC enrollment
    structure with every single supporting report.
    Enlistment centre of companies takes 3 working
    days to finish the endorsement procedure of an
    OPC organization.

13
Documents required
14
  • PAN card of director
  • Address proof of director
  • Passport size photograph of director
  • Address proof of business premises
  • Utility bill of business premises

15
Thank you
  • GSB INFOTECH BUSINESS SOLUTIONS (LLP)
  • Call Us 91 8586806283
  • Mail Us support_at_gsbtaxation.com
  • Website www.gsbtaxation.com
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