Duration: The duration for the whole process will be minimum 15 days.
1. How many persons are required for OPC Company Registration in India?
At least one person is required to start an OPC who can act as a shareholder as well as a director.
2. Who can become a member of OPC?
Any individual or organization can become a member of OPC including foreigners/NRI.
3. Why should I opt for OPC Company Registration in India?
An OPC or single person company is a good alternative to running a sole proprietorship because it gives limited liability to the business owner. This means that your liability is limited to the amount you have invested in the business and business debts cannot be recovered from personal possessions. A sole proprietorship ceases to exist on the death of its promoter however in the case of an OPC, the nominee director takes over and the entity continues to exist.
4. What is OPC Registration Procedure in India?
OPC Registration Procedure in India involves the following steps:
5. How much OPC Company Registration cost?
You may contact our team of Info Tax Solution for knowing OPC Company Registration cost and get your Company Formation at very reasonable prices.
6. Is a single person company is same as One Person Company?
Yes, a single person company is known as OPC as it can be formed with a single person only