How many people are required to Incorporate an OPC?
To Incorporate a One Person Company, a Director and a nominee is required.
How much Capital is required to Incorporate an OPC?
An OPC can be Incorporated with any amount of Capital. However, for issuing minimum shares worth Rs. 1 lakh fees must be paid to the Government (Authorized Capital fee) during the incorporation of an OPC.
How long it will take to incorporate an OPC?
With IndiaFilings you can incorporate an OPC easily in 7-15 days. Also, note that the time taken for Incorporation will depend on the submission of the relevant documents by the client and also approval from the Government authorities.
Is it necessary to have an office to start an OPC?
Address of the registered office of the OPC will be required as the premises will receive the communication from MCA.
What is the validity of the Incorporation?
After incorporation, the Company will be active as long as the annual Compliances are met regularly.
Who is Eligible for OPC Company?
An individual who is an Indian citizen and resident in India is eligible to act as a member and nominee of an OPC.
What are the Benefits of Incorporating an OPC?
OPCs have the following benefits
* Incorporations from Maharashtra state will also receive complimentary Professional Tax Registration.