One Person Company Registration

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BYC Advisors streamlines the process of registering your One Person Company, ensuring compliance and efficient setup.

 

One Person Company (OPC) is a revolutionary business structure in India that allows a single entrepreneur to operate a company with the benefits of limited liability and corporate status. It’s an ideal choice for solo entrepreneurs who want to start their own venture without the need for partners or co-founders. By registering as an OPC, you can enjoy the benefits of a Private Limited Company while retaining full control over your business.

Why Register as a One Person Company?

Registering as a One Person Company offers several advantages, making it an attractive option for solo entrepreneurs:

  • Limited Liability: As an OPC, your liability is limited to the extent of your shareholding, protecting your personal assets from business liabilities.
  • Separate Legal Entity: OPC is a separate legal entity, distinct from its owner, which means the company can own assets, enter contracts, and incur liabilities in its own name.
  • Continued Existence: OPCs have perpetual succession, meaning the company’s existence is not affected by changes in ownership, ensuring continuity.
  • Ease of Management: OPCs have fewer compliance requirements compared to Private Limited Companies, making it easier to manage and operate.
  • Tax Benefits: OPCs can avail themselves of various tax benefits and exemptions available to small businesses under Indian tax laws.
  • Single Ownership: As the sole owner, you retain full control over the company’s operations and decision-making, without the need to consult partners or co-founders.

Our One Person Company Registration Services

 We offer a comprehensive range of services to make your One Person Company registration process smooth and hassle-free. Our services include:

  • Consultation and Guidance: We provide expert advice on the benefits of forming an OPC, helping you understand the legal and financial implications, and ensuring that it’s the right choice for your business.
  • Name Approval: We assist in choosing a unique name for your OPC and securing approval from the Ministry of Corporate Affairs (MCA).
  • Document Preparation: We prepare all the necessary documents, including the Memorandum of Association (MoA) and Articles of Association (AoA), ensuring they meet legal standards.
  • Director Identification Number (DIN) and Digital Signature Certificate (DSC): We help obtain DINs and DSCs, which are mandatory for the registration process.
  • Filing with the Registrar of Companies (ROC): We manage the entire registration process, including submitting your application and required documentation to the ROC.
  • Incorporation Certificate: We ensure you receive the Certificate of Incorporation, which officially establishes your business as a One Person Company.
  • PAN and TAN Application: We assist in applying for your company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for tax purposes.
  • Post-Incorporation Compliance: After registration, we provide ongoing support with compliance filings, statutory audits, and other regulatory requirements to ensure your OPC remains compliant.


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