One Person Company Registration

OPC have a status of Firm so it has function of perpetual succession.Earlier there is no registration in india for proprietorship, this notion of OPC get rid of this problem. Any e-form is filed with the Ministry soon after affixing the DSC of the Authorised Signatory for Enterprise Incorporation. An 1 Particular person Corporation will cease to operate as an OPC exactly where the paid up capital of an A single Individual Organization exceeds Rs.50 lacs or its average annual turnover through the relevant period exceeds Rs.two Crores, it shall cease to continue as a 1 Person Business.An OPC

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