A One Person Company is a legal business entity that empowers a single individual to do business by making him/her the sole business manager, the profit accumulator and the decision maker.
If you have a business idea that seems farfetched to others but makes sense to you, you can just register a One Person Company. The process is quite easy and the documents required for OPC registration are easy to come by. And this article is going to tell you about those documents.
A one person company is a business entity with only a single director at its helm. Other than the director, it has no other members. Such a business entity has:
All of the above factors make a one person company a good choice for first-time entrepreneurs. And that’s the reason why one person company registration in India has been getting more and more common with each passing day.
As the One Person Company registration is completely online, the documents required are not that many. In fact, compared to the documents required for private limited company registration, OPC registration documents are quite easy to come by. The following are those documents:
(None of the above documents should be more than two months old)
The mentioned documents for the formation of OPC, along with the application of OPC registration India will have you establish a One Person Company without any hassle.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.
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