One Person Company Registration in India
One Person Company Registration in India is an easy procedure designed to promote individual entrepreneurs. Unlike a sole proprietorship, an OPC permits a single individual to create and operate a corporation with limited liability protection.
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One Person Company Registration in India is an easy procedure designed to promote individual entrepreneurs. Unlike a sole proprietorship, an OPC permits a single individual to create and operate a corporation with limited liability protection. The primary advantages include limited liability, independent legal entity status, and easier compliance than a private limited corporation. Before establishing an OPC Company, the sole proprietor must first get a Digital Signature Certificate (DSC) and a Director Identification Number (DIN). They must then select a distinctive company name and submit an application to the Registrar of Companies (ROC). The Memorandum of Association (MOA) and Articles of Association (AOA) are two essential papers. The pro
cess is completed with the issue of a Certificate of Incorporation.
