ONE PERSON COMPANY REGISTRATION

ONE PERSON COMPANY REGISTRATION

The concept of One Person Company is a new vehicle/form of business, introduced by The Companies Act, 2013 [No.18 of 2013], Solubilis register one company registration in Chennai within 7 working days, thereby enabling Entrepreneur(s) carrying on the business in the Sole-Proprietor form of business to enter into a Corporate Framework.

One Person Company registration in Chennai – is a hybrid of Sole-Proprietor and Company form of business. One person company can be converted into a private limited company later.

Only one Shareholder – Only a natural person, who is an Indian citizen and resident in India shall be eligible to incorporate a One Person Company

Nominee for the Shareholder – The Shareholder shall nominate another person who shall become the shareholders in the case of death/incapacity of the original shareholder

Director – Must have a minimum of One Director, the Sole Shareholder can himself be the Sole Director.

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