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  • D) Advantages of OPC Registration

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    Opc registeration

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    D) Advantages of OPC Registration

    Transféré par

    ritesh
    Opc registeration

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 1

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    ADVANTAGES OF OPC REGISTRATION


    A One Person Company (OPC) Private Limited has many advantages as compared to Proprietorship firm.
    Here we go with main benefits of registering an OPC.

    1. Limited Liability 2. Helps for Testing


    3. Better image and
    Protection to Directors of Business Model and
    credibility in Market
    personal assets Enables Funding

    Many times startups need to borrow money and The OPC business helps Startup Entrepreneurs In India, OPC is a Private limited company, which
    take things on credit. In case of proprietorship to easily test their business model, and upon is a popular and well known business structure.
    firms, Proprietor's personal savings and property building a marketable product, they can Corporate Customers, Vendors and Govt.
    would be at risk incase business is not able to approach Angel investors, Venture capitalists for Agencies prefer to deal with Private Limited
    repay its loans. In a one person private limited funding and easily convert their OPC into multi Company instead of proprietorship firms.
    company, only investment in business is lost, shareholder Private Limited company.
    personal assets of the directors or shareholder
    are safe.

    4. Complete Control 5. Easy to Manage and


    of the Company with Freedom from 6. Easy to Sell OPC
    a Single Owner Compliances

    This leads to fast decision making and execution. OPC is one of the easiest forms of corporate OPC Company is easy to sell, very less
    Yet OPC can appoint as many as 15 directors for entities to manage. Very few ROC filing is to be documentation and less cost is involved in selling
    administrative functions, without giving any filed with the Registrar of Companies (ROC). No a One Person company.
    share to them. need to conduct Annual General Meeting (AGM)
    and other regular compliances.

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