OPC Registration in Chennai
Get OPC registration in Chennai with Smart auditor - the best registration service providers in the Chennai city. We are one of the best consultants in the consultancy sector and have expanded our service wings in Adayar, Guindy, Mylapore, Saidapet, Porur, Purasaivakkam and Chromepet. We provide unique services at an affordable cost and our objective is to provide quality service to satisfy the applicant’s business expectations.
OPC registration is introduced by the Indian companies act 2013. It is a corporate structure that supports a proprietor to commence a business with only one person. A person can play a role as director as well as the shareholder of the company. OPC is a hybrid of sole proprietor form of business into a corporate framework. Online OPC registration is limited by share, commence and run by a single person. It is spreading widely and parallel, it boosts our Indian economy. Entrepreneurs are interested to start their own OPC business and to get legal status from the government. OPC registration in Chennai is not allowed to carry out any non-banking financial activities such as investments in securities of other companies, etc. It cannot be formed as a non-profit organization. OPC nominee should be an Indian resident.
Documents required for OPC registration
- PAN card of the applicant
- Passport (if the applicant is a foreign resident)
- Aadhar card / driving licence of the Applicant.
- Passport size photo copy (3) of the applicant
- Digital signature certificate
- Application of the name approval of the company
- Filing with MCA portal
Benefits of OPC registration
- OPC has its own legal identity, it is separate from its member
- It is easy to convert into any form of business entity
- Paper work of the company registration is very less
- Easy to get loans from the bank
- Liability of the member is limited
- Can get social recognition
- Minimum capital is required to start an OPC company
- Annual returns can be easily filed along with the signature of directors
- It exists independently
- It is flexible to transfer the shares.