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One Person Company Registration in Coimbatore

Friday, 24-July-2020

Introduction

The revolutionary new concept of 'One Person Company' (OPC) has been introduced by the Companies Act, 2013. This concept of OPC was first recommended by the expert committee of Dr. JJ Irani in 2005. One Person Company Registration in Coimbatore provides a whole new bracket of opportunities for those who look forward to start their own ventures with a structure of organized business. OPC will give the young businessman all benefits of a private limited company which categorically means they will have access to credits, bank loans, limited liability, legal protection for business, access to market etc all in the name of a separate legal entity.

Though the concept of OPC is new in India but it is a very successful form of business in INDIA and several European countries since a very long time now.



Registration requirements

In addition to having at least one director and one shareholder, MCA requires all limited companies to have a registered office address at the time of incorporation. This will be the official address of the company and it must be in the same country in which the company is registere. The registered office is used to receive statutory mail from MCA and HMRC, and it will also appear on the public register which is accessible by all members of the public. You may use a residential address as the registered office but most people prefer to use an alternate address to protect the privacy of their home.

In order to register a new company with MCA, you may choose one of the following methods of incorporation:

§  Online using a formation agent

§  Online using MCA Web Incorporation Service

§  By post using MCA paper application

A formation agent is the best option available, offering fast, affordable, straightforward online company registration. The application process is very simple, taking only a matter of minutes to complete http://www.privatelimitedcompanyregistration.com.

If you are registering a limited company as one person, the application process will be extremely easy to complete because you will only be entering your own personal information. If you are ready to form a new company, Rapid Formations can offer you online registration packages with help and guidance throughout the entire process. We can also provide you with a registered office and director’s service address in London or Glasgow, perfect for setting up a company in India.