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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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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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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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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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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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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However, for drafting all required documents and related process, this involves more than one day.
Steps for incorporation of company involves following:
· Acquire for DSC of the proposed Directors and subscribers to MOA.
· Application for DIN Allotment in Form Dir-3.
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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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The stakeholders including the consumers as well as competitors refer the company by its name. The name of the company plays a very important role in creating and establishing the significance of its main object in the Market.
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