A one person company is required to comply to companies act, 2013 and income tax act,1961 in addition to other applicable laws.You need to remember certain mandatory compliance applicable to a one person company in order to avoid penalties and non compliance issues.In this article, we have listed top 10 post incorporation compliance to help you understand the … [Read more...] about Top 10 post incorporation compliance applicable to OPC – One person company
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10 things you must know before registering a One Person Company – OPC
To form a private limited company, you require a minimum number of 2 directors and shareholders. If you are not finding anyone to join you, then better to start your business as a one person company (OPC).Similar to private limited, in a OPC both director and member can be the same person.While registering, you should not get certain things wrong as your application … [Read more...] about 10 things you must know before registering a One Person Company – OPC
One Person Company (OPC) in India: Registration, Benefits & Limits
Thinking about starting your own business in India but prefer to keep it small and manageable? A One Person Company (OPC) might be the perfect fit for you. It merges the advantages of a sole proprietorship and a private limited company, providing limited liability protection while keeping ownership simple.This type of company allows a single individual to own and run a … [Read more...] about One Person Company (OPC) in India: Registration, Benefits & Limits
What is director identification number (DIN) and how its issued
A company can't appoint or re-appointment an individual as director unless he has been allotted a director identification number or DIN from the government.You are required to compulsorily quote your director identification number in each e-form filed with the registrar of companies and in all such documents that you sign as a director.As per section 153 of companies … [Read more...] about What is director identification number (DIN) and how its issued
A Simple Guide to Company Name Registration in India: Everything You Need to Know
Starting a business in India is an exciting journey, but one of the very first steps is selecting a suitable name for your company. This process is more than just being creative; it’s about ensuring that your name is legally compliant, unique, and reflective of your business.This comprehensive guide will take you through the company name registration process in India with … [Read more...] about A Simple Guide to Company Name Registration in India: Everything You Need to Know