Benefits Over One Person Company Registration in Coimbatore

As the name suggests, a one person company (OPC) is a Company who has a single member, but has its very own existence. One Person Company is a boon to all those owners and budding entrepreneurs, who are inclined to start a business, with enough ideas and inadequate funds. In this article, we have to see the benefits of one […]

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Documents required for One Person Company Registration in India

A new idea has been introduced in the Companies Act 2013, about the One Person Company (OPC). In a Private Company, at least 2 Directors and Members are required whereas in a Public Company, a minimum of three Directors and at least 7 members. A single person couldn’t incorporate a Company previously.But now as in step with Section 2(62) of the Companies Act 2013, a business enterprise can be fashioned with simply 1 Director and 1 member. It is a shape of a agency in which the compliance requirements are lesser than that of a […]

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Procedure for One Person Company Registration in Coimbatore

Procedure for one person company registration under corporations act, 2013 OPC or ‘one individual corporation’ is defined in clause 2(62) of the Companies Act, 2013 as a employer which has only one person as a member. According to section 2(68) of the Act, it’s miles the sub- area of a private employer. In this article we are going to discussing […]

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Why startup needs One Person Company Registration in India?

Are you making plans to start your own company however do no longer have a partner that will help you construct your startup? There’s no need to worry, as you still have an alternative of starting your own ‘one person business enterprise’. However, most of you won’t be having a whole set of knowledge regarding the system of formation and […]

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Advantages of One Person Company Registration in Coimbatore

One Person Company The Companies Act, 2013 introduced the revolutionized concept of one Person Company in India for the entrepreneurs to start out their own venture by allowing them to make one person economic entity. One of the most important advantages of a One Person Company (OPC) is that there are often just one member in an OPC, while a […]

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All One Person Company Registration in Coimbatore

Short title and commencement  This article clearly describes the eligibility of the person who want to form a one person company and its conversion of other forms like private limited company and Public limited company. These rules could also be called the companies (Incorporation) Rules, 2014. They shall inherit force on the first day of April, 2014. Definitions In these […]

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Deposits in Company – One Person Company Registration in Coimbatore

Deposits are outlined below the Companies Act, 2013 to incorporate any receipt of cash by approach of deposit or loan or in the other type by a corporation. But deposits don’t embody such classes of amounts as is also prescribed in consultation with the banking concern of Asian country (“RBI“). The companies meaning to invite deposits from its members shall […]

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Investor Education and Protection Fund Authority – One Person Company Registration in Coimbatore

Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 In exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125 and sub-section (6) of section 124 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the Investor Education and […]

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Registration Offices and Fees of One Person Company Registration in Coimbatore

Companies (Registration Offices and Fees) Rules, 2014 In exercise of the powers conferred by section 396, 398, 399, 403 and 404, read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013) and in supersession of Companies Registration Offices and Fees (Central Government’s) General Rules and Forms, 1956, except as respects things done or […]

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Deposits in Nidhi Company – One Person Company Registration in Coimbatore

Deposits in Nidhi Company The fixed deposits shall be accepted for a minimum period of six months and a maximum period of sixty months. Recurring deposits shall be accepted for a minimum period of twelve months and a maximum period of sixty months. In case of recurring deposits relating to mortgage loans, the maximum period of recurring deposits shall correspond […]

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