One Person Company Registration
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About This Service
The traditional private company requires at least two members to develop into a partnership. But forget these rigors when it comes to a One Person Company. In the case of an OPC, there is a single shareholder who holds a 100% stake in the company. It is the most salient feature of an OPC.
A person with a sole proprietorship would be tremendously facilitated by the choice of a One Person Company incorporation. This choice would help them to seamlessly and securely transition into a corporate framework.
In case the paid-up share capital of a One-person company (OPC) exceeds fifty lakh rupees or its average annual turnover of immediately preceding three consecutive financial years exceeds two crore rupees, then the OPC has to mandatorily convert itself into a private or public Limited company.
