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OPC INCORPORATION IN MAHARASHTRA

Be a proprietor without the unlimited liability!
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    Make Your Business Journey Easier: Go for OPC Registration in Maharashtra

    An OPC structure of business solution for an entrepreneur who wants to enjoy the benefits of a private limited Company but does not want to share ownership of his/her business. As the name suggests OPC-One Person Company means there is only a single shareholder-director in the company, but for all legal and statutory purposes OPC is a separate legal entity. Come let’s get to know more..

    What is an OPC?

    An OPC is a type of company structure created in India specifically for solo entrepreneurs. It allows you to establish a limited liability company, protecting your personal assets from business debts. Compared to a traditional sole proprietorship, an OPC offers various advantages:

    Documents required for OPC Registration in Maharashtra

    Documents required for forming an OPC in Maharashtra

    • Director’s Identity and Address Proof
    • Proof of Registered Office Address
    • Prepare Memorandum of Association (MoA) and Articles of Association (AoA)
    • Nominee’s consent letter and identification documents.

    FAQs On One Person Company Registration In Maharashtra

    Get answers to all your queries

    The process usually takes 10 to 15 working days.

    Yes, much of the process can be completed online. Drop in mail today to get the process started.

    Post incorporation of the OPC , our expert team will brief you on the regular compliance to be taken care of

    Yes, including filing financial statements and tax returns.

    Yes, It is very much possible Book a call now to discuss further.

    Conditions for Registering an OPC in Maharashtra

    1. Be an Indian Citizen and Resident: This one’s pretty straightforward. You need to be a citizen of India and have resided here for at least 182 days in the previous financial year to qualify for an OPC in Andhra Pradesh.
    2. Minimum Authorized Capital: There is a minimum capital of Rs 100,000 to be brought in while incorporating an OPC.
    3. Appoint a Nominee: This is an important step. You’ll need to designate a nominee who can take over the operations of your OPC if you’re ever unable to manage the company due to absence or incapacity. 
    4. Business Restrictions Keep in Mind: OPCs can’t operate in certain sectors like banking, insurance, or Nidhi companies. These industries have different regulatory requirements.
    5. Future Growth and Conversion: If your OPC experiences significant growth, there might come a time to convert it into a private limited company. This conversion becomes mandatory if your average annual turnover surpasses Rs. 2 crore for two consecutive financial years or if your paid-up share capital exceeds Rs. 50 lakh.

    By meeting these conditions, you’ll be well on your way to establishing a successful OPC in Andhra Pradesh. Remember, if you have any questions or need help navigating the registration process, don’t hesitate to reach out to a professional!

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    Is an OPC Right for You?

    Before deciding on an OPC registration, consider these factors:

    1. Business Size: An OPC Format of Business is best for small to medium-sized businesses with a single owner. Also, an OPC is mandatorily required to converge to a public limited or private limited company if the paid-up share capital exceeds Rs. Fifty lakhs, or If the average turnover of the immediately previous three consecutive financial years is more than Rs. 2 crores.
    2. Future Growth Plans: If you expect significant growth and might need external investment, a private limited company may be better in the long run.

    Process  of One Person Company Registration In Maharashtra

    One Person Company Registration is a seamless and hassle free process, once it is entrusted with our expert team. Here is an overview of the process

    Step 1: Obtaining Digital Signature Certificates (DSCs)

    Every person acting as a director of a company must hold a valid DSC. Moreover, all Forms are processed online now, and a digital signature is a mandatory requirement for signing

    Step 2: Applying for Director Identification Number (DIN)

    Obtaining a DIN is necessary for joining a company as a director

    Step 3: Securing a Unique and Compliant OPC Name

    Choose the right identity for your business by ensuring your OPC name is unique and compliant with the prevailing rules. Ensure it does not cause any Trademark objection

    Step 4: Keep ready  Essential Documents for Registration

    Step 5: Submitting the completed Incorporation Forms with the Ministry of Corporate Affairs (MCA)

    Step 6: Finally  Certificate of Incorporation From MCA/ ROC -Andhra Pradesh is issued

    Moreover, we will also provide you with a detailed checklist of post incorporation checklists to be kept in mind so that you do not face uncalled for compliance issues

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    How ClearBiz Can Assist You?

    We are a team of expert professionals who focus on the right compliance and client comfort. These are some of the areas we assist you

    1. Offering a Free Consultation
    2. Handling Required Documents
    3. Managing Filing Procedures
    4. Providing Your Official Certificate of Incorporation

    Cost Involved in One Person Company Registration In Maharashtra

    We at Clearbiz believe in a No Surprises Policy. Once we have an in-depth discussion with the client, we provide a detailed professional fee quote. Only if the client approves we move forward. We focus on providing affordable business solutions to act as an enabler for your business

    Why Choose ClearBiz?

    Here are some of the reasons why you can count on us

    1. Cost-effective solutions: We do not believe in burdening our clients with professional fees, at Clearbiz we are business enablers offering affordable solutions
    2. Experienced professionals: Clearbiz boasts of a team of professional experts, whose in depth knowlwdge and experience helps your business scale heights
    3. Streamlined process: We follow a highly effective checklist process that ensures you can entrust the necessary documents with us and relax. We will keep you in the loop and ensure all filings are completed just within the timelines

    Start Your Journey with Cleabiz Today!

    Don’t let legalities prevent you from achieving your entrepreneurial dream! Contact Cleabiz now for expert assistance with your one person company registration in Maharashtra!