Skip to main content

Company Registration Consultants in Chennai

What is One Person Company

The one person company is managed by a single person to run a company limited by shares, the Companies Act, 2013 under Sub- Section 62 of the Section 2 process a company which run by one person. The Section 3 divides one person company as a Private Company for the complete legal functions with only one member.The one person company registration should be specified during the term of the company, anywhere the name is joined, used or decorated. The one person company thought is advanced in Chennai, it is a very happy form of all business in India. Only a natural person who is an Indian citizen shall be eligible to the formation an OPC company. There is only one person to run as a director of the company and the maximum number of directors is fifteen.
One Person Company Registration in Chennai

Benefits of an One Person Company Registration

The one person company afford the great ability to the qualified who are coming out of the corporate and be separate to form a company registration in Chennai.
The one person company provides a channel for the enterprising need for the efficient persons.
To integrate the single person company for the most important case of shareholders is exactly the need for the limited liability.
The one person company are not proprietorship interests, they provide a dual system of the company registration as well as individual, The major difference between one person company and sole proprietorship is to cover the individual against any issue of liabilities.

The Impact of one person company

The new companies Act, 2013 provides main consideration to the records which will be entered by one person company.The idea of one person company registration enables a particular person to run a company and sole proprietorship process an individual where it is run and maintained by one individual from sole proprietorship as it is absolutely independent body and that is the difference between the company and the promoter.An one person company registration will have a great future and it is the most outstanding business approach in Chennai. If you are registering a limited company as one person company, the appeal procedure will be very easy to complete because you will be introducing your particular information.

 

Labels:

Comments

  1. Max27 October 2015 at 02:17

    But with OPC can't a corporate move right? Every one ought to know that OPC is a fast & easy registration process & benefit able too. But how it will run with single forever?

    Haley,
    Uptra Services

    ReplyDelete

Post a Comment

Popular posts from this blog

Trademark License Agreement – Trademark Registration in Cochin

  Trademark registration in Cochin For making sure about brand name or logo or plan of brand, any individual whether separately or firm or organization can apply to the TM vault for use of enlistment of Trade Mark. Exchange application documented in two manners first with the brand name and second with brand name + logo. In the event that we go with the subsequent choice, at that point we will get the rights on the logo (method of introduction) not for the name. An application is set up by the Trade Mark Attorney or its specialist. Structure 48 (POA) and TM-An (Application of exchange mark) needs to documented on the entrance of IP India.  Trademark registration in Cochin  states that advanced mark of the trademark Attorney or its specialist is required at the hour of recording of exchange mark Application. Arrangement of exchange mark application is finished with-in a couple of days. After the filling of exchange mark application customer ought to have option to utilize the imprint TM
3 comments
Read more

Preliminaries in company formation

The adman of a company may be an single entrepreneur or a body corporate or a group of them or bodies corporate involved in efforts to bring into being a company. They have the power of defining the unit of the company and deciding various matters for the interval regulation of the company proposed to be incorporated. The various steps which a promoter will have to take for company registration are explained below. Selecting a name – Section 20 Basically a company cannot register itself by a name which, in the idea of the central government is undesirable. Normally it will be not consider to register a company name is already registered. A company is not have the rights to choose their new name which is same or already registered company name. Confirmation regarding name from the registrar Pursuant to section 20 of the act read with rule 4A of the companies (central governments) General Rules and Forms, 1956. The promoter of a company under a proposed name or
1 comment
Read more