Benefits of a Unique Name in OPC Registration


Call our filingpoint experts at +91 72999 72500 or visit https://filingpoint.com

Introduction:

One Person Company is a concept introduced by the new Companies Act, 2013, that allows a single entrepreneur to establish a business structure with limited liability and separate legal identity. It is designed to meet the needs of entrepreneurs who require the protection of their personal assets and want the benefits of a private company. Fortunately, with the expert guidance of FilingPoint Consulting Services will provide consults name approval. FilingPoint simplifies the OPC name approval process, ensuring a seamless experience for entrepreneurs embarking on this venture.

 

Incorporating a OPC requires the sole owner to draft and file the Memorandum of Association (MoA) and Articles of Association (AoA) with the Registrar of Companies (RoC), obtain a Digital Signature Certificate and Director Identification Number, and pay registration fees. The RoC then reviews and verifies the documents, issues a Certificate of Incorporation, and recognizes the business as an incorporated entity. The OPC can also appoint one or more persons as nominees.

 

Benefits of a Unique Name in OPC Registration

 

A distinctive name is important for establishing the brand value of a business and creating an image that enhances credibility. A unique name also helps attract more customers and investors, making it easier to make sales and raise funds.

 

The process of registering an OPC is easy, but there are certain compliance requirements that must be met to maintain legal and regulatory compliance. This section highlights the key compliance obligations for an OPC, including maintaining statutory registers and books of accounts, holding Annual General Meetings, filing annual returns and financial statements with the RoC, taxation compliance, and adherence to corporate governance standards.

However, it's essential for founders to carefully consider their specific needs and consult with FilingPoint to determine whether choose an unique name in OPC Registration.

 

For more information on OPC registration services, visit https://filingpoint.com or Call us at +91 72999 72500

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