One Person Company (OPC) Registration

Recently One Person Company (OPC) was launched as a good refinement on sole proprietorship proposed by the Companies Act, 2013. In OPC, a single promoter has full authority over the company, limiting their liability for their contribution. Enterprise. Therefore, the said person would be the sole shareholder and director (although a director nominee exists, but has zero power until the actual director proves incapable of joining the contract).

Also, there may be no opportunity to contribute to employee stock options or equity funding.

AAdditionally, if an OPC has an average trick turnover of Rs. 2 crores Funds paid. 50 lakh and above, it will have to be converted into a private limited company or a public limited company within six months. At Startling Consultants we offer you a hassle-free one person company registration online process which will be dealt with by our professionals within a time limit of 10 days and is subject to government processing time.