OPC Registration in Bangalore

Smartcorp provides efficient and affordable OPC registration services in Bangalore. Our reach extends to areas like BTM Layout, Sarjapur, Jaya Nagar, and HSR Layout. With a seasoned team, we excel in OPC registration in Bangalore, offering comprehensive legal registration solutions online.

OPC Registration in Bangalore elevates entrepreneurial ventures by granting them corporate status and supporting their growth. Within fifteen days of incorporation, an OPC must appoint corporate officers like a secretary and treasurer. An OPC must bear the prefix "OpC registration in Bangalore" and can switch to a Private Limited Company upon crossing a profit threshold of two crores.

If the capital surpasses 50 lakhs, conversion to a Private Limited Company becomes mandatory. Non-Resident Indians (NRIs) cannot initiate OPCs under the Companies Act of 2013. OPCs provide a significant advantage to entrepreneurs who prefer individual ownership without the need for additional partners. OPC registration offers a streamlined process for those seeking membership under this Act.

Process of OPC Registration in Bangalore

To start a company:

• Apply for DSC (Digital Signature Certificate).
• Apply for DIN (Director Identification Number).
• Submit a Name Approval Application.
• Gather Required Documents.
• Fill Forms and File with MCA (Ministry of Corporate Affairs).
• Obtain Certificate of Incorporation.

Documents Required for OPC registration in Bangalore

Legal Standing

Online OPC registration in Bangalore establishes a distinct legal standing apart from its owners.

Seamless Transition

With minimal paperwork, converting an OPC to other business types is hassle-free.

Low Capital Requirement

Start your firm within your means as a sole proprietor.

Easier Access to Loans

Financial institutions prefer lending to OPCs over sole proprietorships.

Public Trust

Being a favored business structure, OPCs instil confidence in customers.

Tax Rate

In OPC registration online, the tax rate mirrors that of private limited companies at 30% on profits.