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One Person Company OPC Registration

The constitution of a One Person Company (OPC) was newly introduced as a strong modification over sole proprietorship. The sole person shall be the only shareholder in the Company. The Companies Act, of 2013 provides for a new type of entity in the form of One Person Company (OPC), the introduction of OPC in the legal system is a move that would encourage the corporatization of micro-businesses and entrepreneurship. Its compliance is lesser than that of a Private Limited Company.<br>Visit us - https://registrationarena.com/opc-registration/

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One Person Company OPC Registration

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  1. ONE PERSON COMPANY REGISTRATION What is One Person Company ? One Person Company (OPC) is a company that can be formed by a sole member. The constitution of an OPC was recently introduced as a strong improvement over sole proprietorship. Minimum requirement for OPC registration Min 1 Directors/Shareholders Minimum capital of 1 Rupees Nominee for OPC Advantages of One Person Company Registration Ideal for Solo Entrepreneurs Separate legal entity Less Compliance burden Features of One Person Company Registration One Member One OPC Only natural person to be a member of OPC Naming of OPC Visit us - registrationarena.com

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