In India, Private Limited Company used by maximum numbers of entrepreneurs for their Business Registration, but Private Limited Company can be registered by minimum Two persons. Due to this limitation single person can not choose Private Limited Company as its business registration type, he has to choose proprietorship business.
But now a single person can also go for Private Limited Company Registration, as government has introduced a new type of business registration which is, One Person Company (OPC). A person has limited turnover and capital can used this type instead of proprietorship. One Person Company Registration can be done by one single person with one nominee. One Person Company gives a sole proprietor an opportunity to do business with limited liability and under structured and organized form of business type.
OPC make available for entrepreneur same opportunities, which a Private Limited Company offers, but in limited sense. It also involves lots of compliance burden, operational restrictions for entrepreneurs. For getting Business Registration in the form of One Person Company, first we should know about the various advantages or limitations of this business type.
Although there are various limitations by registering business in the form of One Person Company, but still, it is best form of business registration type because of advantages available. A single entrepreneur can easily be spread its business to all over the world through this type, mean this type of business registration has no country barrier. Now days government is also very attentive to make rules and regulations for making it as a convenient type of business, such as, by reducing time taken in registration process, by providing ease in maintenance of books of accounts and various registers, by providing favourable uses of funds and by introducing various tax reforms.
There are many privileges to One Person Company such as Limited Liability, Greater Credibility, Easy to raise fund and loans, Separate legal entity, Easy annual compliance and many more. Because of these privileges One Person Company Registration becomes very popular among proprietors. OPC provides an replacement of proprietorship business.
Company Registration in India, granted by ministry of corporate affairs. We at Digi Accounto help entrepreneurs to get registration through our Company Registration in India Services.
Digi Accounto presents an all-inclusive service package under its Registration Services. Entrepreneurs should only require a business idea; rest we will do all in compliance with all Business Registration requirement. Our Business Registration Services include everything such as:
Choose Digi Accounto as your Registration Partner, as our Registration Services are Accurate, Professional and Cost effective.
Our company package includes digital signature for one proposed director, DSC has the validity of two subsequent years
We will prepare Memorandum of Association for the proposed company according to the proposed object of the company
We will prepare Article of Association for the proposed company. it will cover rules and regulation for company operations
At the time of Company Registration, PAN will also allot to proposed company, It will be further used for company tax purpose
At the time of Company Registration. PAN will also allot to proposed company, It will be further used for TDS deduction by company
After Company Registration, A certificate of registration will be provided by MCA. This certificate will be used as an identity proof of company
We specialize in providing affordable, professional, and reliable Accounting Services, GST Services, and Registration Services for start-ups and small businesses. Our team of experienced professionals ensures that your financial records and compliance needs are managed accurately, efficiently, and cost-effectively.
