One Person Company (OPC) Registration In Bangalore
What is OPC Registration In Bangalore?
One Person Company in India is a new concept that has been introduced with the Company's Act 2013. One Person Company in Bangalore-India is incorporated by one person. Before the enforcement of the Businesses Act 2013, one person will not be able to establish a corporation. An OPC has features of a corporation and therefore the benefits of the only proprietorship. Earlier if an individual had to determine a business then he or she should only choose a sole proprietorship. According to Section 2 (62) of the Company's Act 2013, a corporation is often formed with just 1 director and 1 member. One Person Company registration in India may be a sort of entity where there are lesser compliances requirements than that of a personal Ltd. A One Person Company Registration in Bangalore-India, is often obtained under the businesses Act 2013 with only one single member and one Director. The Director and member also can be an equivalent person. Here a private who could also be a resident or Non-resident Indian can register an OPC in India.