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One-Person Company (OPC) Registration in India
One-Person Company (OPC) Registration in India The One Person Company is a company that has only one person as a member, as stated under the section 2(62) of the Companies Act, 2013. It was introduced to encourage individuals who are capable of starting their own business.OPC enables a sole proprietor to convert his firm into a Limited Liability company and avail the benefits of a Company. Documents Required for One Person Company Registration Passport or PAN card Passport size photo Specimen signature No objection certificate Rental agreement Address proof of directors Identity proof of directors For NRIs and foreign nationals, a passport Voter id Drivers license Updated gas or electricity bills Bank account statements, and phone bills for mobile or landlines A sample signature. The following listed are the benefits or the advantages annexed with the concept of registration of One Person Company: No Minimum Capital Requirement For obtaining One Person Company...

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