LegalWiz.in is a reputed name providing one person company registration services in India. The services offered here are highly professional.
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Submitting correct documents is vital to ensure hassle-free procedure. Know about the requisite documents to be submitted while online OPC Registration in India.
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Get the detailed guidance for a One Person Company Registration (OPC). Points to be consider or kept in mind for incorporation of One Person Company.
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Constitution of India allows any person in India to carry on any legal business. The business can be carried on by choosing any organisation suitable for activities and operations.
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An OPC (One Person Company) can become a holding company by way of holding more than one-half of the total share capital in Company or by control over the composition of Board.
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The Companies Act, 2013 requires mandatory Statutory Audit by Chartered Accountant, which is also mandatory requirement for the One Person Company.
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Let's discuss the basic types of a company in India. Various types of companies can be formed according to the requirement of business and its activities.
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Where a person is looking for the Business without interfere of any other person such as Partner or co-founder, he may choose either Sole Proprietorship Firm or One Person Company as a form of organisation.
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By virtue of provisions laid down under Companies Act, 2013, the commencement of Business Activities can be commenced immediately after Incorporation of Business. There are no legal formalities to be complied with to commence the business after Incorporation.
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