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NGO WORLDS is a leading network of NGO registration professionals in India

NGO WORLDS proud on its extensive networking and connections throughout the corporate world And senior government functionaries work towards the achievement of easy and simple ways to serve your demands, making every step in the process or procedure smooth and uncomplicated.

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About One Person Company

About One Person Company

Registered Proof Office

  • Register office of all companies must be in India .If it is a Rented Property, Rent agreement and NOC from a landlord. If it is a Self-owned Property, Electricity bill or any other address proof.
  • Documents submitted must be valid and not more than 2 month old.

ADVANTAGES

SEPARATE LEGAL ENTITY

OPC is a separate legal entity and capable of doing everything that an entrepreneur would do.

EASY FUNDING

OPC can raise funds through venture capital, financial institutions, angel investors, etc. An OPC can raise funds thus graduating itself to a private limited company.

MORE OPPORTUNITIES, LIMITED LIABILITY

One of the advantages of One Person Company is that it has more opportunities, limited liability since the liability of the OPC is limited to the extent of the value of the share you hold, the individual could take more risk in business without affec

BENEFITS

An OPC can avail the various benefits provided to Small Scale Industries like the lower rate of Interest on loans, easy funding from the bank without depositing any security to a certain limit, manifold benefits under Foreign Trade policy and others.

TAXATION

Any remuneration paid to the director will be allowed as deduction as per income tax law, unlike proprietorship. Other benefits of presumptive taxation are also available subject to income tax act.

CREDIT RATING

The OPC with bad credit rating may even get the loan. The credit rating of OPC will not be material if the rating of OPC is as per norms.

Minimum Requirement

  • Minimum 1 Shareholder
  • Minimum 1 Director
  • The director and shareholder can be the same person
  • Minimum 1 Nominee
  • Letters ‘OPC’ to be suffixed with the name of OPCs to distinguish it from other companies.

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Documents Required for  Registration

Documents Required for Registration

IDENTITY AND ADDRESS PROOF

Aadhar Card, Aadhar number is now a necessity for applying for any registration in India. Also, income tax return can only be filed if the person has linked his PAN card with Aadhar number.

Address proof will be required for all directors and shareholders of the company to be incorporated. For Indian nationals, PAN is mandatory. For foreign nationals, apostilled or notarised copy of passport must be mandatorily submitted. Residence proof documents like bank statement or electricity bill should not be more than 2 months old.

All documents submitted must be valid

PROCESS

Name Approval Application

Name applications under RUN will be processed by Central Registration Centre (CRC). The name approval is subject to comprehensive check by the Central Registration (CRC) and thereafter approval or rejection shall be communicated by e-mail to the appl

Single Over

You, only the owner helpful in quick decision-making, controlling and managing the business without following any elongated processes and methodologies as adopted in other companies. The sense of belonging inspires to grow the business further.

What Our Clients Say

Our mission is to provide one-click access to individuals and businesses for all their legal & professional needs. Our vision and mission is to help those who help others for the development of INDIA.

Our Stories & Latest News

We at NGO WORLDS Working an extensive Network and connections in the corporate world

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Pradhan Mantri Garib Kalyan Yojana

Our Prime Minister announced the Pradhan Mantri Garib Kalyan Yojana, which had the value of 2.76 lakh crores under which there were provisions for free cooking gas for 80 million families for months, 800 million people to get free food grain, and the poor and the needy.

By Seema Aggarwal - 2021-2022

Key Highlights of 39th GST Council Meeting
Key Highlights of 39th GST Council Meeting

39th GST Council meeting was held on 14 March 2020, Saturday. The meeting was chaired by Hon’ble Union Finance Minister Nirmala Sitharaman and was conducted in Vigyan Bhawan, New Delhi.

By Shubham Chauhan - 14 March 2020

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The Ministry of Finance, Nirmala Sitharaman parsented Union Budget

The Prime Minister headed Government has made its resources available for the most deprived sections of our society which includes the poorest of the poor, the Dalits, Tribals, the elderly, the migrant workers, and our children.

By Kandarp Vanita - 2021-2022