Being the capital city of India, Delhi offers many opportunities for the millions of ambitious entrepreneurs. Although, a major segment of entrepreneurs still functions under the unrecognized industry.
Before the introduction of one person company (OPC), at least 2 members were vital to begin a business. Because of which the entrepreneurs were leaned to involve one more member. The principle of One Person Company (OPC) emerged as the rescue for all of these sole businessmen.
Once you reach at Careful Counting, the one company registration process becomes easy. However, on the contrary, there are some benefits that we must consider to state you about, consequently, here are the benefits that you will get after availing an OPC registration.
OPC is a separate legal body and able to perform everything that a businessman would do.
OPC can lift funds via venture capital, financial institutions, angel investors, etc. An OPC can lift funds thereby graduating itself to a private limited company.
One of the benefits that you can enjoy in One Person Company is that it will give you more opportunities. The liability of the one person company is limited to the furtherance of the value of the share you preserve, the person could have more risk in business without impacting or suffering the loss of private assets. It’s the support to the novel, young and creative start-ups.
A one person company can avail of several benefits offered to Small Scale Industries such as the lesser interest rates on loans, smooth funding from the bank without giving any security for a specified limit, various advantages under Foreign Trade policy and others. All these advantages can be a blessing to any business in starting years.
You are the only owner valuable in rapid decision-making, handling, and managing the business without following any lengthy procedures and techniques as adopted in other businesses. The visualization of belonging encourages to develop the business ahead.
The one person company (OPC) with a low credit rating may even get the loan. The credit rating of OPC won’t be material if the rating of OPC is as per standards.
Any payment for an operation to the director will be permitted as deduction according to income tax law, unlike ownership. Other advantages of presumable taxation are also available subject to the income tax act.
An OPC enjoys all the advantages under Enterprises Development Act, 2006. The start-up OPC is micro, small, or medium, thereby they’re coated under this act.
In accordance with the Act, if the purchaser or receiver gets any late payment (receives payment post a certain period) then s/he has a right to receive interest which is 3x the rate of the bank.
Any business body that flows in the form of the company always relishes a maximized trust and prestige. Now, it’s your turn attain to one person company registration with the help of the best experts for OPC registration in Delhi at Careful Counting and that even at cost-effective prices.
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