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Intime Business (Sydney)
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A one-person corporation is one in which all of the firm’s shareholders are the same person. When one founder/promoter wishes to launch a business in the name of a private limited company with limited liability, such firms are commonly formed. Entrepreneurs in the early phases of creating a firm choose to set up a one-person company in India rather than a sole proprietorship.
OPC provides a number of benefits that other forms of businesses do not. So, if you want to create your own company, you won’t have to bother about all of the complicated and time-consuming procedures. Legal Workmate can assist you with One Person Company Registration in India if you wish to register an OPC.
OPC is a distinct legal body from its promoter, acting as a separate judicial person. The assets and liabilities of a one-person firm are its own. OPC’s promoter is not personally accountable to repay the company’s obligations because it is a separate entity.
Sole proprietorships, on the other hand, have the same owners as their owners. As a result, the legislation provides for the attachment and sale of the promoter’s assets in the event that the company’ responsibilities are not met.
Benefits With Our Service:
- Legal Compliance Dashboard
We provide a Legal Compliance Dashboard that acts as your secretary for legal work. It intimates you about the upcoming compliances and hence makes sure that you do not miss any of it. - Work Handled by Experienced Professionals
Our team of trained and experienced graduates takes care of your registration process. Independent qualified professionals further verify the process. We follow a strict concept of Maker and Checker.
