What is an OPC?

A One Person Company (OPC) is a unique business entity designed for a single individual to own and operate a company. It merges the simplicity of a sole proprietorship with the benefits of a private limited company, providing limited liability and perpetual succession. This structure ensures the business continues even if the owner passes away, thanks to the introduction of a nominee for the company.

Benefits of an OPC

1. Limited Liability: Protects your personal assets by limiting your liability to your investment in the company.
2. Perpetual Succession: The company remains operational even after the owner’s death, as the nominee takes over.
3. Sole Ownership: Enjoy full control over business decisions.
4. Ease of Compliance: Lesser regulatory burdens compared to other company structures.

Key Features

• Introduced Under: Companies Act, 2013.
• Mandatory Conversion: If paid-up share capital exceeds ₹50 lakh or annual turnover exceeds ₹2 crore in the last three consecutive financial years, the OPC must convert into a private or public company.
• Eligibility: Only an Indian citizen and resident (having stayed in India for at least 182 days during the preceding financial year) can be a member and nominee.
• Membership Limitation: A person can only be a member of one OPC. If an individual becomes a member of another OPC by being a nominee, they must resolve this within 180 days by withdrawing from one of the OPCs.

How to Register Your OPC with FindTax.in

At FindTax.in, we make the process of registering your One Person Company seamless and hassle-free. Our experts will guide you through every step, ensuring compliance with all legal requirements.

Steps to Register:

1. Consultation: Get in touch with our experts to understand the requirements and benefits of an OPC.
2. Documentation: Provide necessary documents like identity proof, address proof, and nominee details.
3. Application Filing: We file your OPC registration with the Registrar of Companies (RoC).
4. Approval: Once approved, you receive your Certificate of Incorporation.

Why Choose FindTax.in?

• Expert Guidance: Professional advice tailored to your business needs.
• Quick Processing: Efficient handling to ensure fast registration.
• Affordable Services: Competitive pricing with no hidden costs.
• Customer Support: Dedicated support to answer all your queries.

Start Your Business Journey Today!

Don’t wait! Take the first step towards establishing your One Person Company.

Register Your OPC Now!