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Are you going to start new business alone? A person can start their business in form of One Person Company then with the growth or by application of Law, oneself moves to Private Limited Company. Nowadays, this form of business also getting popular in India.

Ca Rupak – www.carupak.com One person company is a new concept introduced by Companies Act 2013. One person company is a sort of private limited company which can be incorporated by one person alone. However, another person is required as a nominee. As the one person company concept is for small businesses. The status of a one person company can be availed only when paid-up share capital up to INR 50 Lacs and a turnover uptoINR 2 crore in a year. However the moment turnover increases beyond INR 2 crores or the capital crosses INR 50 lacs, the one person company will be required to be converted as a private limited company. But you need to do registration for it. There is a Ca in nirman vihar which helps you in your one person company registration.


A one-person company has some advantages under Companies Act 2013 in terms of nonapplicability of few provisions. Those are as listed in below. 

Notice of meetings.

Quorum for meetings.

Chairman of meetings.

Restriction on voting rights.

Calling of extraordinary general meetings.

Proxies.

Statement to be annexed with the notice etc.

Carupak.com: www.carupak.com is one of the stop solution for business setup in India. A streamlined and hassle-free start of business is imperative for hindrance free growth. Ca in delhi ensure the same for you.

Ca in nirman vihar - www.carupak.com  

Are you going to start new business alone? Nowadays, This form of business also getting popular in India. A person can start their business...

Ca in nirman vihar - www.carupak.com  

Are you going to start new business alone? Nowadays, This form of business also getting popular in India. A person can start their business...

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