OPC Registration in Delhi, India
In 7 days | From Anywhere | At Single Click
In 7 days | From Anywhere | At Single Click
After the emergence of the Companies Act 2013, it is now very much possible for a single person to start a venture in India. If you are an entrepreneur and want to own your own venture then through One Person Company or OPC Registration, you can go ahead and do that. OPC provides entrepreneurs with limited liability protection. However, one limitation of the OPC is that the director has to nominate someone as his or her nominee who will own the company in case the director becomes disabled to perform his or her duties. Through the OPC business model, an entrepreneur can test his or her business model before going to the investors to scale the business.
If you are looking to start your One Person Company and looking to get it registered then TaxOnTrack can help you to do that with ease. We are helping entrepreneurs registering their business for a number of years. We have efficient professionals who have a wide knowledge of helping our clients thoroughly with the registration process. So, you can come to us to get your OPC Registration at a very brisk pace.
Advantages of Registering
Your Company as One Person Company
One of the best things about a One Person Company is the company will have a separate identity from the owner. Therefore, whenever there is a crisis in the firm, the owner of the firm will not get sued by the authority. So, the company will provide safety for the owner of the One Person Company.
Running a One Person Company comes with the advantage of limited liability. If you are running the company and you fall into the trap of debts, you get a chance to escape from such a situation effectively because you have registered your company as a One Person Company which will give this benefit.
During the course of running the business, there are possibilities of falling into the trap of credit default. In such cases, if you have registered the company as a One Person Company, your assets will get proper protection. This will also be the same as the asset of the shareholders of that company.
At times, you will be in need of funds from the investor to run or scale your business. Just like a Private Limited Company, if you have registered your company as a One Person Company, you will be able to raise funds for the company expansion quite easily because the investor’s money will be safe.
One of the main reasons why registering your company as a One Person Company will be profitable is the limited compliance with the norms of running a company that a Private Limited Company has to fulfill. So, you will have more scope and time to focus on the management and operations of your business.
You will be happy to know that a One Person Company gets some tax benefits that a Private Limited Company or other entity will not get. This is one of the reasons why you would be inclined to register your company as a One Person Company because it will be more profitable for you due to tax savings.
By registering your company as a One Person Company, you get full control of the company. Actually, you become the sole decision-maker and no one else will have the right to interfere in your decision making. You will have all the freedom you want for running your business independently.
To grow your business and create an impact on the market, you have to make sure that you have a reputation in the market. By registering your company as a One Person Company, you will be able to increase the reputation and prestige of your business more than ever.
The Process of OPC Registration in Delhi, India
Mandatory Documents
Required for OPC Registration
FAQ
Frequently Ask Questions
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