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Starting your own business? Don’t want a partner but still want the benefits of a company? A One Person Company (OPC) might be perfect for you! At E-Accountax Manager, we make the registration process of one person company super easy so you can focus on growing your dream business without worrying about paperwork or legal stuff.
What is a One Person Company (OPC)?
A One Person Company is a special type of business where just one person owns and runs the company. It gives you the legal protection of a company, even though you’re the only owner. That means your personal savings are safe if something goes wrong in the business.
Earlier, you needed at least two people to start a company. But thanks to the Companies Act of 2013, now even one person can register a company and enjoy all the benefits.
Key Features of OPC
• Only One Owner: Just one person can start and run the company.
• Limited Liability: Your personal money or property is not at risk if your business faces a loss.
• Easy to Continue: If something happens to the owner, the nominee (whom you choose while registering) takes over.
• No Big Investment Needed: You don’t need any fixed amount of capital to start an OPC.
• Simple Rules: Compared to other companies, an OPC has fewer compliance and legal requirements.
Steps to Register an OPC in India
• Get a DSC: You need a Digital Signature Certificate for online registration.
• Pick a Name: Choose a unique name and get it approved by the Ministry of Corporate Affairs (MCA).
• Submit Documents: Prepare and submit required documents like MoA and AoA.
• Filing with RoC: Submit everything to the Registrar of Companies (RoC).
• Get Incorporation Certificate: Once approved, you’ll get your OPC registration certificate.
• Get PAN & TAN: These are issued automatically with your registration.
Documents You’ll Need
• PAN card of the owner
• Any one ID proof – Aadhaar, Passport, Voter ID, or Driving License
• Passport-size photo
• Address proof – Electricity bill, phone bill, or bank statement
• Proof of company address – Rent agreement or NOC from owner with an electricity bill
A Few Limitations of OPC
• Not Ideal for Growth: You can’t add more shareholders later, which can limit expansion.
• Some Restrictions: OPCs can’t do some financial activities like investing in other businesses.
• Everything on You: Since you’re the only one managing things, decision-making and responsibilities can get a bit tough sometimes.
Why Choose E-Accountax Manager?
• We’re Experts: Our team knows the process inside out and will guide you step-by-step.
• No Delays: We make sure everything is done on time.
• Clear Pricing: No hidden fees or surprises.
• After Support: Need help after registration? We’re just a call away.
Conclusion
Registering an OPC is a great way to start small while enjoying the benefits of a full-fledged company. If you’re a solo entrepreneur looking for a legal and secure way to register your business in Rajasthan, we’re here to help. Let E-Accountax Manager handle the paperwork while you chase your business goals!
📞 Ready to start your OPC? Contact us today and take the first step toward your dream business!
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