OPC Stands for One Person Company
What do you mean by OPC Company registration in Bangalore?
The term of One Person Company was came to existence in the year of 2005 which under the companies act of 2013 with the law ‘one person company means a company which has only one Person’
In simple way it is one person company is a PVT limited Corporation, which is fully held by shareholder and completely controlled by Director by only one single person
Advantages of OPC registration in Bangalore
- Transfer of company exceedingly is simple
- This is continuous existence if other members death the business can run
- Financial Institutions like Bank, Mutual funds etc are providing to given more funds for One man company compared to partnership proprietorship firm
- You can legally add or purchase or property in the name of the company
- Don’t want to comply with too many regulation
- And minimum paperwork or documentation required
What are all the requirements for registration?
- An individual member who can be Director of the company
- A person who can act as director as well
- Must be an citizen of the country and who is resident of the country for 182 days at least the year before
- Must keep a bank account for the company
- Must keep an audit for the company to look on the financial status of the company
Documents required for directors
- Pan Card
- Address proof
- Aadhaar card/Driving license/passport/voter ID
- Passport size photos of Director
- And Residential proof (Bank statement /telephone bill/electric bill)
- Rental agreement
- Tax paid receipt
- NOC
Documents required for Nominee
- Self attested Pan card
- Address proof
- Aadhaar card/Driving license/voter ID/Passport
- Bank statements of two months
- Latest passport size photos
Taxation rules for One Person Company
- It is compulsory to file income tax returns
- Tax Deducted at source to be filled on very quarterly basis TAN(Tax deducting Account Number) it is compulsory if company are having employees
- If the One Person company employees are more than 10 persons means they have to obtain a ESI(Employees’ State Insurance)
- Filling of Value added tax and /or service tax returns is required for One Person Company with valid registration
You will get the documents after registration of your company in Bangalore
- Digital Signature for Director
- Incorporation Certificate of the company
- Main thing is MOA(Memorandum of Association)And AOA ( Article of Association)
- DIN for Director of the company
- And company pan card
- And get company TAN/TDS Numbers
How to get OPC registration service provider in Bangalore
You are the right place where you can get the one person company registration in Bangalore your company called consultry will provide you the best online services to you and consultry is one of topmost company in Bangalore and our company can provide you Private limited registration /sole proprietorship /partnership/ limited liability partnership.
