OPC is the abbreviation for One Person Company. It was introduced under the Companies Act, 2013, and is known for the most contemporary form of business in India. The insight was brought forward for the incorporation of micro-businesses and persons with entrepreneurial plans to advance as well as aid the emerging entrepreneurs who possess prominent potential. It aimed to let them raise their venture by giving the authorization to build a single person company in admissible OPC registration fees.
Under the frameworks of the Companies Act 2013 and the laws thereto, one can easily register OPC online. After getting done with the registration process, one can operate a company individually without bothering about the complexity of having associates. This perspective has given a boost to the number of people to take a step forward and start their business. The OPC is appropriate for businesses that are small and for which the turnover does not generally cross over Rs. 2 Crores. The registration with affordable OPC registration fees has given people the major privilege of not getting troubled about the network and overdue processes.
The mentioned following applications and forms will be included to register OPC online -