We are providing One Person Company Registration in Patna Bihar Ranchi Jharkhand &OPC Company registration services in Patna Bihar and in other place of Ranchi, Jharkhand. One person company is a type of private limited company which has only one director and one shareholder. OPC company is a type of private limited company, that has only one shareholder (owner). However, an OPC company can have as many numbers of directors as it wants to have.
One Person Company Registration
The one person company has been recently introduced as an improvement over sole proprietorship firm. It gives single promoter full control of the company while limiting liability to amount of shares agreed to be taken at time of registration. OPC has only one shareholder and can have one director or more than one director. OPC company can work till turnover of Rs. 2 Crores in a year. When, it reaches or crosses turnover of Rs. 2 Crores per annum, OPC company has to have one more shareholder and one more director.
Documents required for OPC Company Registration:
- Copy of Pan Card of 2 persons
- Copy of Aadhaar Card/Driving License/Voter Id of 2 persons
- 2 Passport size photographs of 2 persons
- Copy of bank statement/electricity bill/mobile bill/phone bill of 2 persons
- Copy of electricity bill and rent agreement (if on rent) of registered office
Benefits of OPC company registration
Liability of shareholder or promoter of company is limited to amount of shares agreed to be taken at time of registration of company.
OPC company has unlimited life, it does not die even though its only shareholder can die. In event of death of its only shareholder, nominee appointed at time of registration of company becomes shareholder of company.
Separate Legal Entity
OPC has separate legal entity. It has separate existence from its promoters