If you want to start your business the only best option is to run business under the name of Private Limited, now it is possible to start private limited company with single director
From ₹ 5999 /- all inclusive fees
EMI: ₹533 for 12 months*
One Person Company (OPC) means a company which has only one person as a member. Only an individual who is an Indian citizen and resident in India can incorporate a One Person Company. The concepts were introduced to give advantage to sole proprietor to run business with limited liability as compared to sole proprietor whose liabilities are unlimited.
1) Only one person ( individual) can form company.
2) It is a kind of Private Company which have all the advantage of private company.
3) Maximum capital is 50 lacs and maximum turnover is 2 crores.
4) OPC can convert itself to private company after 2 years of establishment.
4) OPC can convert itself to private company after 2 years of establishment.
5) Single shareholder or member should give name of one person who act a s a nominee of the company, that in the event of death of a sole member, they will become that one person.
Company means separate entity from its director, company create with the process of law and end with the process of law.
There is one saying "Members may come, members may go, But the company runs forever", which means company members and director may change any time.
In Private limited company it is very easy to change the owners of company, its only need share transfer from one owner to other holder.
In all other entities income tax rate is 30%, but in the case of private limited company income tax rate is 25% up-to the profit of 25 lakhs per annul
In India people use to take serious if you are doing business with the name of Private limited, the simple reason behind this is the Indian government take close check of every company.
There are many option for raising funds fund from market. It may be Equity share, preference share, debenture and Bank loan
Bank and other NBFC easily provide loans to private companies rather then proprietorship or partnership.
Individual PAN card of all directors and shareholders are required for registration. In company separate PAN card will applied by us at the time of Company registration.
For Company registration we need Adhaar card of director/ shareholders.
One documents from the option is required (Voter ID/ Driving licence/ Passport)
One document from the option is required (Bank statement/ updated bank passbook/ Utility bill )
Any utility bill like electricity bill or water tax bill is required, in case property is rented in than rent agreement with owner is required.
Private limited company registration with 1 DSC and DIN, along with government payment and stamp papers, Authorized capital upto 10 lakhs,One time RUN filing for name approval, Support for bank account opening.
Private limited company registration with 1 DSC and DIN, along with government payment and stamp papers, Authorized capital upto 10 lakhs,One time RUN filing for name approval, Support for bank account opening. and GST registration
Private limited company registration with 1 DSC and DIN, along with government payment and stamp papers, Authorized capital upto 10 lakhs,One time RUN filing for name approval, Support for bank account opening. GST registration and Trademark application
Ovakil helps you for registering Company business,it usually take 4-5 days for all process
We will provide company incorporation certificate after all process, this certificate is important for every company and required as a proof of company registration
Every director needs digital signature and director identification number (DIN) for company registration, we will provide all DSC and DIN
Permanent account number (PAN) and Tax allocation number (TAN) will be provide by us in this registration.
Memorandum of association (MOA) and Article of association (AOA) will prepared after understanding your business needs.