OPC REGISTRATION IN COCHIN @ Rs 8500
- GST Registration
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Get OPC registration in Cochin within 5 days. With insertion of the new entity in the Company’s Act 2013. An Individual can incorporate a new entity form called One person Company in Kochi with single director and single member.
We ShopLegal helps the business owners to obtain Digital signature Certificate in cochin, Director Identification Number, Name Reservation, and other documents and agreements to be filed with MCA connected with formation of one person company in kochi. We Shoplegal solve all legal formalities and communication with the Government in a hassle free manner. Time management is important when dealing with the government organizations. Timely submission of documents is the major constrain if any delay in submission of documents in time, it results in repetition of the whole process from the scratch.
Shoplegal helps to get company Incorporation certificate in cochin on time and notify the current status of company application process. Any person can register OPC in cochin. the mandatory things is one should be an Indian Citizen. Foreign citizen, Non Resident, Any person incapacitated by contract and minors are not eligible to form one person company in cochin.
Also, if the paid up capital of opc incorporated in cochin increased beyond 50 lakh at the effective date and the average annual turnover during the period of immediately preceding three consecutive financial years is beyond rupees two crores, its mandatory to convert OPC either into Private limited or Public limited.
OPC registration is 2 steps away. Get register Your One person company in kochi with experienced professionals.
FAQ on One Person Company
What is the minimum requirement to form a one person company?Registering a company is simple process with shoplegal. A minimum of One person required to be appointed as directors cum shareholder. The directors and shareholder required to provide the following proofs – Copy of PAN, Copy of Aadhar, Driving license, Voter id, Passport – Any one as permanent address proof and Copy of Telephone bill, Electricity bill, Mobile bill or Bank statement – Any one as Proof of present address.
What way one person company is differentiated from proprietorship ?Limited liability which means the shareholder of a One Person company is legally responsible only to amount he subscribed as share capital of a company. Unlike traditional proprietorship, the liability of the shareholder with respect to one person company is limited.
What is authorized capital and paid up capital?Authorised capital is the maximum amount of shares that can be issued by company. On the other part, paid up capital is the amount of shares issued and subscribed by the shareholder of the company. Authorised capital can be increased as and when required post incorporation in case of any requirement to issue additional shares to the shareholder.
Is it mandatory to deposit paid up capital subscribed by shareholder in bank account?Yes, It has to be submitted after registration of company, After company got incorporated open a bank account in company name and then bring in the capital subscribed to company account, Commencement of business to be filed with 180 days of Incorporation
Can foreigner or foreign company or nri register a one person company?NO, it is not possible for NRI, FOREIGNER or FOREIGN entity to form one person company.
Is it mandatory to setup office for registering company in india?Yes, every company proposed to be registered in India must have a registered office all communication related to the company is sent by the Ministry of Corporate Affairs, GST office, Banks, financial institutions, etc., The registered office of a company can be in any part of India.
How to check availability of name with ministry of corporate affairs?You can share names with SHOPLEGAL on the name availability link. Please note that Shoplegal will just provide available names, based on search for similar names already registered with MCA.
An individual, who is an Indian resident and citizen of India will be qualified to form a One Person Company.
Must have at least One Director, the Sole Shareholder would himself be able to be the Sole Director. The Company may have a most extreme number of 15 Directors.
A one person company can be begun with any amount of capital. On the off chance that the paid up capital of the organization increased to 50 lacs or more the OPC will turn out to private limited.
One Person Company need to confront little consistence trouble when compared with private limited company, thus One Person Company would more be able to concentrate on other useful and center territories.
This prompts quick dynamic and execution. However he/she can name upto 15 Directors in the OPC for managerial capacities.
OPC is reasonable just for Individuals. OPC when crosses the Paid up share capital of Rs.50 Lakhs or Turnover of Rs.2 Crores. In any case OPC should be changed over into Private Ltd Company.