OPC Registration in Chennai
Get your OPC registration in Chennai effortlessly with Smartcorp, your go-to consultants known for top-notch business registration services. We cater to various locations in Chennai, including Pallavaram, OMR, Madhavaram, Kilpauk, Gopalapuram, Red Hills, and Perambur. Our mission revolves around meeting and exceeding your business needs. Count on Smartcorp, a registered and reliable consultant, committed to staying updated with government regulations.
Online OPC registration in Chennai empowers solo entrepreneurs to kick-start their ventures under a corporate structure. Governed by the Companies Act of 2013, OPC registration covers company incorporation, director responsibilities, and dissolution. In an OPC, one person can act as both director and shareholder, while the nominee must be an Indian resident. This setup contributes significantly to India's economic growth. Entrepreneurs opt for OPC to gain government recognition for their ventures, albeit with restrictions on non-banking financial activities and non-profit status. The registration process is swift and exclusively online. OPC operates on a share-based limitation and can be managed by a single person.
Documents required for OPC Registration in Chennai
The documents needed for OPC registration in Chennai include:
- PAN card of the applicant
- Passport (for foreign residents)
- Aadhar card, driving license, or passport of the applicant
- Three passport size photos of the applicant
- Digital signature certificate
- Application for company name approval
- Filing via MCA portal
Benefits of Registration in Chennai
- An OPC stands as its own legal identity.
- Smoothly transforms into other business forms.
- Requires minimal paperwork.
- Limits member liability.
- Demands minimal capital to begin.
- Allows easy share transfers.
- Has independent existence.
- Simple to establish.
- Gains social recognition.
- Eligible for bank loans.