One Person Company Incorporation in India:
Welcome to KLATH CONSULTANCY PRIVATE LIMITED! We are here to make the process of registering your One Person Company (OPC) hassle-free, whether you're in Delhi or anywhere else in India. As a leading advisory firm, our speciality lies in helping entrepreneurs establish their OPCs with ease and efficiency.
Setting up a one person company in Delhi may seem complicated, but with our expert guidance, you can navigate through all the legal formalities effortlessly. Our team of experienced professionals knows the ins and outs of the OPC registration process in Delhi NCR, and we pay meticulous attention to every detail.
At KLATH CONSULTANCY PRIVATE LIMITED, we've made the OPC registration process user-friendly and online, saving you from spending hours in long queues or dealing with cumbersome paperwork. Our streamlined approach ensures that your OPC incorporation is completed in the shortest possible time.
OPC registration in India is popular because it offers numerous benefits, including limited liability, a separate legal entity, and ease of management. With our comprehensive services, you can enjoy these advantages while we take care of all the legal and regulatory aspects on your behalf.
Whether you're a budding entrepreneur or an established business owner, our OPC company registration services cater to all your specific needs. You can trust KLATH CONSULTANCY PRIVATE LIMITED to be your reliable partner throughout the journey of establishing your OPC. Experience the joy of starting your own venture without any worries. Get in touch with us today, and let's embark on this exciting entrepreneurial voyage together!
Advantages of One Person Company (OPC):
1. Safety Net: According to the Companies Act, the liability of the single shareholder in the company is limited to the unpaid subscription money in their name, ensuring their personal property is safe from business creditors.
2. Succession: The Companies Act allows a nominated person to take over the company in case of the shareholder's death or inability, ensuring continuous existence beyond the founding director.
3. Market Value: An OPC enjoys the same privileges as a private limited company, as it is registered under the Companies Act.
4. Easy Credit Facilities: The legality and perpetual succession clause make OPC popular among banks and financial institutions, facilitating access to credit.
5. Easier Returns Filing: OPCs need to get their accounts audited and file annual returns, but the signature of the director is sufficient, eliminating the mandatory requirement for a company secretary's signature.
6. Single Owner: The single owner structure allows for quick decision-making and independent management without interference or suggestions from others, promoting a sense of belonging and motivation to grow the business.
7. Credit Rating: OPCs with a bad credit score can still apply for loans, as the credit score is not a major factor if it complies with the norms.
8. Benefits Under Income Tax Law: OPCs are eligible for deductions under the Income Tax Law, including interest on any late payment received.
9. Increase in Trust and Status: Operating as a company boosts trust and status in the business environment.
10. Easy Funding: If a company is a private limited company, an OPC can raise funds using various sources like venture capital, angel investors, and financial institutions, allowing it to transition into a private company.
11. Limited Liability: OPC offers limited liability, allowing the individual to take more business risks without risking personal assets, encouraging new, young, and innovative start-ups.
