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January 9, 2021
OPC is an integration of Sole-Proprietorship and Corporate form of business. It is provided with concessions in compliance requirements under the Companies Act. OPC opens up new business opportunities for sole proprietors and entrepreneurs who wish to avail the benefits of limited liability, and a separate legal entity as well. It requires only one person who will act as a member, shareholder, and director.
Minimum requirement of an OPC registration in Kerala
- In an OPC there needs to be one member who is required to be an Indian citizen and resident in India.
- There is a minimum requirement for minimum one director and a maximum of 15.
- There is a mandatory requirement of one nominee.
Advantages of registration of OPC in Kerala
- The best Business structure for one person who wants to venture alone
- It has Distinct identity from its owner
- It requires lesser compliance compared to other business structures
- Personal assets of Owner not affected
- It takes only One Person to take the decision and nobody would be there to interfere with decision-making.
- In OPC, there is no Statutory Requirement of Holding an AGM
Steps to register your One Person Company in Kerala
- File for a Digital Signature Certificate (DSC)
- Reserve the name of the company
- Submit the Memorandum of Association (MOA) and Articles of Association (AOA)
- Get the Incorporation Certificate
- Get the Company’s PAN and TAN
To know more about OPC Registration, click here
Documents required for registering your One Person Company in Kerala
- Photograph of all the Directors and shareholders
- PAN Card of all the Directors and shareholders
- Self-Attested ID Proof of all the Directors (Driving License/Passport/Voter ID)
- Electricity Bill or any other utility bill for the address proof of the Registered Office
The economy of Kerala is the 12th-largest state economy in India with ₹6.86 lakh crore) in gross domestic product and a per capita GDP of ₹179,000. Kerala is one of the prominent tourist destinations of India, with backwaters, hill stations, beaches, Ayurvedic tourism and tropical greenery as its major attractions.
As company registration is a completely online process you can register your One Person company in Kerala from anywhere across India through Ebizfiling.com
One Person Company
Register One Person Company online in Kerala with Ebizfiling.com
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