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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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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One Person Company Registration and its nomination procedures

Here, we are going to look at how one person company can be formed by following the prescribed procedures. We already know that what is one person company since the name itself clearly indicates that the company with the single director can form a firm. Some doubts may arise, when comes to formation. Look at this content, you will get […]

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Conversion of One person Company into Private Limited Company

Here, we are going to see the conversion of One Person Company into Private Limited Company based on some criteria. They are as follows: One Person Company to Private Limited Company: There are two ways to convert OPC into Pvt Ltd company. One is voluntary conversion and other one is compulsory conversion. Voluntary conversion: When OPC got incorporated, it cannot […]

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