The concept of One Person Company (OPC) is an inventive concept introduced by the Companies Act 2013. It offers a chance for entrepreneurs and micro-businesses with ambitions, yet constrained by time, finances, or resources, to bypass the need for additional partners in executing their business blueprint. OPC functions as a form of sole proprietorship with a lone shareholder taking on the role of its member. It is typically established in scenarios where the business has a solitary founder. OPCs present benefits that sole proprietorships lack, such as distinct legal identity, limited liability for shareholders, application of income tax rates akin to Pvt. Ltd. Companies, and obligatory adherence to company law stipulations.
Recognizing your apprehensions and circumstances, Sujata Associates remains attuned. With our unwavering commitment to addressing customer concerns as our foremost priority, we continued our operations even during the global upheaval brought about by the coronavirus outbreak. OPC presents a pathway for you to realize your ambitions devoid of the burden of seeking partners. Guided by our proficient professionals, you will navigate the registration process to a successful culmination.
Sujata Associates is the best India’s leading business consultant that provides company registration services in India, as well as offers a wide range of company registration services like private limited company registration, one person company registration and etc. People can assist more services offered by Sujata Associates by the click of a mouse, as by accessing its official website sujataassociates.com.
