OPC registration in Bangalore can be registered through Solubilis. OPC is a corporate structure that supports a proprietor to commence a company with only 1 member by playing a role of director as well as the shareholder of the Company. Opc companies boost the Indian economy and it is widely spreading all over the world. Entrepreneurs shows interest to start their own OPC Company and gets their own legal status among the public. Solubilis corporate service provides eminent service and most prominently a trust worthy consultants in Bangalore.
OPC registration is limited by share, commenced and run by a single person. OPC is not allowed to carry out any non-banking financial activities like investments in securities of other companies and cannot be formed as an (NPO) Non-profit organisation. In OPC, Indian citizen will be the nominee.
OPC registration in Bangalore has its own legal identity which is separate from its member.
Paper work is less, it’s easy to convert an OPC to other types of business structures
The firm can be started within the capacity of the sole promoter.
Banking and financial institutions prefer to lend money to this type of firm rather than proprietary firms.
Popular business structure of one Person Company. So it gives sense of confidence in business for a customers.
In OPC registration, the tax rate is 30% like the private limited company on all profits.
In OPC, the annual returns can be filed easily along with the signature of the director. The firm secretary’s signature is not required.
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