One Person Company registration in Malleshwaram is registered through Compliance resolution. Consultry provides the best service in all over Bangalore with 100% result in the corporate world, One Person Company The concept of One Person Company has brought by Companies Act, 2013, the reason behind the bringing the concept of One Person Company as the formation of Private Limited Company compulsory necessary minimum two persons as Director or and members and due to this sometimes, an additional person forcefully roped only to comply with the registration formalities. in future One Person Company is the most satisfactory entity for a natural person who is willing to start his or her business in Company Form. This is primarily a One Person Private Limited Company and it is the smallest version of a private limited company. It gives all advantages as given for Private Limited companies like access to credits, bank loans, limited liability, Lawful safeguard for business, access to market, etc all in the name of a split in two Lawful organizations. A huge impact on the economy and development of the nation is looking forward to as it is already popular in numerous countries. One Person Company Although a One Person Company permits a single business person to control and manage his or her business as a split in two Lawful entity with limited liability protection, however, it has few limitations such as every One Person Company should nominate a nominee in the Memorandum of Association and articles of association of the company, who will become the owner of the One Person Company in case the sole administrator is disabled. Also, a One Person Company must be converted into a Private Limited Company if it crosses an annual turnover of Rs. Two crores and paid-up capital exceed Fifty lakh Udyog Compliance can easily register your One Person Company online anywhere in India. Although, we on condition that our assistance online (completely paperless) however, if you want to do your work through physical mode then visit our office near you. We are having our associates in every area in Bangalore. Kindly call us or fill the contact us form with your basic details or talk to our administrative through the online chat option
What kind of name is preferred for One Person Company?
The name should be unique, catchy and it must have a related meaning to your business. The name of the Company should also relate business Activity of the Company, however, any name may be chosen for register of a One Person Company subject to propose name has not previously been taken by someone else. It may note that the name of the Company must also be Lawful as per the provisions of the Companies Act, 2013 and rules made thereunder. The name shall contain the word “One Person Company” or “One Person Company” in the proposed name.
Is it compulsory to have a nominee in One Person Company?
Yes, it is compulsory to have a natural person resident in India as an applicant. of One Person Company which will become the owner of the Company in case of death of the sole owner.
Is there no administration fee and stamp fee for registering a One Person Company?
It is not completely correct, although there is no administration fee to register a One Person Company but there is every time necessary to pay stamp duty to register a Company in India which numerous from state to state.
How to get One Person Company Registration in Malleshwaram?
One Person Company or OPC Company registration in Malleshwaram cost will depend on many factors like based on company nature and based company type which you have selected. Costing information can be decided by consulting experts. Consultry is the best team that can help you to get register your organization at an affordable cost. If you are looking to get register your organization feel free to send your inquiry to firstname.lastname@example.org or feel free to contact: 7975187793 or visit https://www.consultry.in/