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Advantages of One Person Company (OPC) Registration India

From the name One Person Company, it is clear that the company is related to One Person. Means the Company can be owned by One Director and there may be only a single person as shareholder of company. One person Company (opc) registration process is given step by step in Procedure page of the same site. Here below given are the Advantages of One Person Company (OPC) Registration India: 

  1. Improved Proprietorship Benefits: Organized version of sole proprietorship, explanation is as the more improved and facilitated version of sole proprietorship. In sole proprietorship, the director/owner have unlimited liability, but after registering company as One Person Company, there liability becomes limited.

  2. Advanced Benefits of Limited Liability: The Liability of the Sole Proprietorship was a major issue always, but it’s not a issue in One Person Company (opc), One Person Company having quality of Limited Liability, which means the Director and Shareholders are liable against their shareholding.

  3. Socially Famous Structure: One Person Company is having structure like Private Limited Company, and Private Limited Company is most preferred type of Business in World. Large Business Suppliers and Investors trusts more to One Person Company than Proprietorship.

  4. Single Person Authorization: One of the major benefits of One Person Company is the authority of decision making and implements it in fast and easy manner. Director can appoint 15 directors without giving them a single share, and take decision if he is single director of company.

  5. Easy Maintenance: There is no need to hold the annual meetings or Ordinary meetings in One Person Company.

  6. Separate Entity: A One Person Company (opc) is a separate entity so; there is no liability of the company to the director or owner. As One Person Company is separate entity, it can raise money at its own risk, without liability of owners/directors/shareholders.

  7. Flexibility: Tax flexibility is another great feature of One Person Company, Company and Director are separate entity.  Director can make an agreement with company and can take more money as income of himself, by which the income of company goes down and the payable tax also decreases.

  8. Increased Opportunity and Decreased Liability: The Opportunity is Growing with flexibility of One Person Company and the Liability is Limited so, the Liability of Directors are decreasing. OPC contains many Compliances of Private Limited Company with Limited Liability.

  9. Treated as Small Scale Business: One Person Company can avail many facilities of Small Scale Industries like Lower rate of Loan Interest, easy money availability from banks to a certain limit without any security.

     
     
     

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