Compliance required by a One Person Company
GST Registration
Every One Person company is required to get their GST Registration within 30 days of business incorporation in India Under Goods & Service Tax Act. GST Registration is needed when the turnover is more than INR 40 lakhs or INR 20 lakhs in Special category states or If the One Person Company supplies goods intra-state or Provides goods and services online
GST Return
Once a One Person Company gets registered under GST, it becomes necessary to file GST returns for Private Limited Company. As filing of GST returns is mandatory for all the registered Taxpayers including companies. GST returns can be filed monthly, quarterly or yearly depending upon the types of GST returns form you are filing.
All you need to know
One person company (OPC) in India is one of the easiest forms of corporate entities to manage. OPC is a hybrid of Sole-Proprietorship and Corporate form of business. It has been provided with various concessions in compliance requirements under the Companies Act. It is a form of a company where the compliance requirements are lesser than a private company. OPC registration is very easy and cheap process.
OPC Registration opens up new business opportunities for sole proprietors and entrepreneurs who also wish to enjoy the advantages of limited liability, and a separate legal entity as well. OPC does away with the hassles of finding the right partner for starting a business as the registered entity. It requires only one person who will act as a member, shareholder, and director.
Public Limited Registration
Want your shares to be traded & sold in the public? Public Limited Company is for you. Prices Starting from
Prices Starting from
@8999 Rs.
Inclusive of Govt. Fees
Documents Required
Specific Requirements
A Company must have a registered office in India. Documents like bank statement or electricity bill should not be older than 2 months. Along with that utility bill, rent agreement or sale deed and a No Objection Letter (NOC) from the landlord with his/her consent to use the office as a registered office of a company must be submitted
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Can NRIs/Foreign Nationals be a Director in Public Limited Company in India?
Yes, an NRI or Foreign National can be a Director in a Public Ltd Co. in India. For becoming a director, besides the basic requirement of being a sensible adult, such a person must possess the DIN issued by MCA. However, at least one Director on the Board of Directors must be a Resident of India.
What are the Requirements for Public Limited Company Registration in India?
In India, You can set your Public Ltd. Co. anywhere but there are minimum 7 shareholders and three Directors required. The Directors can also be shareholders.
Is there any limit on a number of shareholders in a Public Limited Company in India?
No, a Public Limited company has no limits on a maximum number of shareholders.
No, a Public Limited company has no limits on a maximum number of shareholders.
A Public Limited Company must have a minimum of three directors.
Which Cities do you provide Company incorporation services?
The Taxperts.in provides Private Limited Company incorporation services online across India. You can get your Private Limited Company registered in Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur, or any city in India by us.
Still Confused?
Our expert will help you in choosing the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at enquiry@thetaxperts.in or call us on +91 9665937295
NEED ANY HELP AT YOUR TAX SOLUTION?
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