Your personal stakes are extremely considerably protected like in private limited corporation. An OPC is registered as a private limited organization, OPC restrict to have extra than one particular member and prohibits invitation to the public for subscription of the shares of the firm. Tirupur is a city in the Kongu Nadu area of Tamil Nadu which is the state of India.
One Person Company Registration OPC Registration India Requirements
The words ”One Particular person Company” is needed to be pointed out in brackets under the name of such corporation, wherever its name is printed, affixed or engraved.Yes, Business is expected to hold four Board Meetings throughout the monetary year BUT foreign directors are not required to stop by India for attending the meeting. Following filing of documents on-line, we need to have to make payment of RoC charges and Stamp Duty electronically which is based upon the Authorised Capital of the Firm.A new concept has been introduced in the Company's Act 2013, about the One Individual Business (OPC). However section eight Companies does not require to add the word Limited” or Private Limited” to their name. Now-a-days, OPC Registration in India entrepreneurs opt for business form of organisation and appears at the scope of entering into Corporate Globe.
My Corporation Consultants Private Restricted is your a single stop answer for setting up small business in India. The Directors and shareholders can be the similar individual. Ministry of Corporate Affairs (MCA) has issued two notifications on 21st August, 2018 for amendment in Firms (Appointment and Qualification of Directors) Rules, 2014 and Businesses (Registration Offices and Fees) Rules, 2014 for extension of filing e-kind DIR-three KYC till 15th September, 2018.The application form have to be filled absolutely and submitted along with a soft copy of the logo or signature, Kind TM-48 which delivers authorization of use, date from which the trademark is being utilised, name and address of the proprietor or owner.
Register A One Person Company In India
Now you can type an OPC by way of a method referred to as ‘Simplified Performa for Incorporating Company Electronically' (SPICe) in 3-5 days. Under the liability protection clause, any financial loss or debt your company faces will not need to be cleared against your personal assets. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals.When applying for the business registration, you will have to make lots of documents and approach the competent authorities. 6.