Register A One Person Company In India

It is comparable in respects to a private restricted company with certain differences like fewer compliances and relaxation of particular restrictions. To form an OPC, only 1 Director is required. The paid up share capital of private enterprise must not be exceeding fifty lakh rupees and really should not have average annual turnover a lot more than two crore rupees at the time of One Person Company Registration such conversion into OPC. Along with MOA and AOA, particulars of directors are also necessary to be filed with the ROC. The principal reason for selecting One particular person Firm

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