Company Registration in Delhi - 1daycompanyinc - PowerPoint PPT Presentation

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Company Registration in Delhi - 1daycompanyinc

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The concept of One Person Company [OPC] is a new form of business, introduced by The Companies Act, 2013. One Person Company is a hybrid of Sole-Proprietor and Company form of business, and has been provided with relaxed requirements under the Act. – PowerPoint PPT presentation

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Title: Company Registration in Delhi - 1daycompanyinc


1
ONE PERSON COMPANY
  • .

2
Meaning of one person company
  • The concept of One Person Company OPC is a new
    form of business, introduced by The Companies
    Act, 2013.
  • Thereby enabling Entrepreneur(s) carrying on the
    business in the Sole-Proprietor form of business
    to enter into a Corporate Framework.
  • One Person Company is a hybrid of
    Sole-Proprietor and Company form of business, and
    has been provided with relaxed requirements under
    the Act.

3
Advantages of one person company
  •  Only One Shareholder
  • Only a natural person, who is an Indian citizen
    and resident in India shall be eligible to
    incorporate a One Person Company. 
  •  Nominee for the Shareholder
  • The Shareholder shall nominate another person who
    shall become the shareholders in case of
    death/incapacity of the original shareholder. 
  •  Director 
  • Must have a minimum of One Director, the Sole
    Shareholder can himself be the Sole Director.
  • Easy Funding
  • One person company can raise funds through
    business capital finance institutes, angel
    investors ets.
  • Minimum Compliances
  • One person company has to face little compliances
    burden as compared to private limited company,
    hence One Person Company can focus on other
    functions and core areas.
  • Benefits Under Income Tax Law
  • Any remuneration paid to the director will be
    allowed as deduction as per income tax law unlike
    proprietorships.

4
Documents Required For One Person Company
  • Any Identity Proof of Proposed -
  • PAN Card (mandatory)
  • Voter Card
  • Driving License
  • Passport
  • Photograph of Proposed Directors
  • Address Proof of Directors -
  • Any Utility Bill not older than 2 months
    (Electricity Bill, Water Bill, Landline Bill,
    Mobile Bill etc.)
  • Bank Statement
  • Rent Agreement or Lease Deed (If Rented)
  • Proof of Proposed Registered Address -
  • Conveyance
  • Lease Deed or Rent Agreement( If Rented)
  • Rent Receipt
  • Any Utility Bill not Older than 2 months
    (Electricity Bill, Water Bill, Landline Bill,
    Mobile Bill etc.)
  • NOC From Legal Owner of Property
  • Additional Requirements -
  • Email Id
  • Contact no.

5
Steps to Incorporate OPC
6
Plans and Price For OPC
7
Thank you
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