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PUNE : It is a metropolitan city located in Center of Maharashtra. It as earlier known to be Poona . It is second Largest city in Maharashtra. It is a place that attracts lots of students as it is the hub of big academics institutions like Savitri Bhai Phule University , it has many central government universities like The National Defence Academy , The Armed Forces Medical College and The film And Television Institute Of India. It is also one of the largest center for learning Japanese. The ministry of defence in Pune also runs a number of defence related institutes and training institutes. It also attracts many tourist as it consist of various tourist places like Aga Khan palace, Shaniwar Wada ,Raja Dinker Kelkar Museum, Rajiv Gandhi Zoological Park etc.
The existence of One person Company Pune came about with the Companies Act, 2013 when the need for a type of organisation for entrepreneurs running their businesses single handedly and legitimately was felt. It has all the benefits and features of a company such as Separate Legal Identity as well as the Limited Liability of the owner.
There are several differences between a Sole Proprietorship concern and an One Person Company :
All the benefits can only be claimed legally once the OPC registration Pune is confirmed. The advantages are as follows:
To get all the above benefits by registering your start-up as an OPC registration Pune , you can contact Company Vakil They will help you in OPC registration in Pune.
After completing the above steps, the Certificate of Incorporation will be granted by the ROC for OPC Registration Pune.
For the completion of all the above formalities, Company Vakil is your one stop destination for everything related to OPC Registration in Pune.
It is a requirement to mention the name of an alternate director in the Memorandum of Association or Article of Association.
No, an it needs to transform into a Private Limited Company when it crosses the Rs. 2 Crore Turnover limit or paid up share capital of Rs. 50 Lakh.
Yes, unlike a Sole Proprietor concern an OPC needs to be registered with the Registrar of Companies.
No, a minor cannot be a nominee.
No, there is no such requirement.
No, because of the presence of a sole shareholder it can only be owned by 1 director/ promoter/ owner.
Yes, as represented by a natural person it can be sued and ha the capacity to sue as well.
Even though it is easier to form a Sole Proprietorship, it is advised to form an OPC Registration in India instead because of all the legally enforceable benefits associated with it.
Through the form INC-5.
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