One Person Company Registration

Objective of Registration of a company The companies Act explains the procedure that governs the registration or incorporation of a firm which leads to formation of an organization. It is highly significant to register a company as the companies Act bestow a legal personality on registered company and by virtue of registration. The company can grab the benefits that are bestowed on a company by virtue of the Act. Private Limited Company Registration in India Register a Pvt Ltd Company

Jsd incorporation offers affordable and quick services to register the private ltd company through online process (MCA Govt. Website) at an affordable price that help to save your valuable time and money. Private Ltd company registration is one of the most famous lawful entities in India. In other words, it’s a legitimate company registration in India with the service of ministry of corporate affairs and gives you rights working together anywhere in India or outside. MCA registers your Pvt ltd organization registration and gives CIN Number with Certificate of Incorporation. Toward the finish of the procedure, you need to just open a current bank account on the company name based on certificate and start your company operations.

Silver

₹ 5499

1 Class 2 DSCs with 2 year validity
2 Director Identification Numbers
Name Approval in SPICe Form
1 Lakh Authorized Capital
Incorporation Fee
Stamp Duty
e-MOA and e-AOA
Certificate of Incorporation
Company Identification Number (CIN)
PAN Number
TAN Number
GST Registration

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Gold

₹ 9499

Silver + Below
1 RUN Name Approval
ESI & AI Registration
MSME Registration
Bank Account Opening Support
First Auditor Appointment
Commencement of Business Certificate

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Platinum

₹ 29499

Gold + Below
Bookkeeping
Financial Statement Preparation
Annual Report
Director's Report
Board Resolution Preparation
MCA Annual Return Filing
Income Tax Return Filing
1 Year GST Return Filing
1 Year TDS Return Filing
1 Year Dedicated Compliance Manager Support

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Advantages of One Person Company Registration

Separate Legal Existence

A One Person Company would obtain the status of a separate legal entity. Such OPC registration ensures that the entity is separate from the owner, unlike a proprietorship firm. OPC can own the assets in its own name and enter into a contract with the parties. The actions of the company are independent of the owner. This is the main benefit of OPC registration.

Lower Compliance Requirements

A Single Person Company is benefited with an exemption to many compliances unlike a private company. Compliances like holding General and Board Meeting, etc. are not applicable to OPC. However, Board Meeting must be held if more than one director is on Board.

Limited Liability of Owners

One of the benefits of registering OPC lies in the separate legal entity of the company where the liability and obligations are not charged over the personal assets of the sole member. The liability of a member is limited to the unpaid amount of the capital subscribed by the member. Even in the case of liquidation, the personal assets of the member are protected, except in certain specified cases.

Separation of Management and Ownership

Even if the OPC is owned by sole personnel, the owner may appoint a director owing up to the responsibility to operate and run a company. The operational duties are assigned to the director(s) whereas the member would be able to fetch profits channeling efforts towards other businesses. However, in One Person Company, the shareholder holds complete control over being a stakeholder.