ROC Filing For OPC In Amaravati

Limited Liability: The owner’s personal possessions are safeguarded; creditors are limited to claiming the company’s assets and cannot seize personal property.

Separate Legal Identity: An OPC is acknowledged as an independent legal entity, capable of owning property, entering into agreements, and initiating or defending legal actions in its own name.

Easier Access to Capital: The formalized structure facilitates obtaining loans and attracting investments, as financial institutions tend to favor registered companies.

Improved Credibility: Registration with the ROC enhances the company’s reputation among clients, suppliers, and other stakeholders, presenting a professional business image.

Tax Advantages: OPCs may benefit from reduced tax rates and specific exemptions, such as exemption from Dividend Distribution Tax (DDT).

Simplified Management: Being operated by a single individual, it allows for faster decision-making and reduces administrative burdens.

Lower Compliance Burden: While compliance obligations exist, they are generally less extensive compared to other company structures like private limited companies.

MSME Advantages: OPCs have the option to register as Micro, Small, and Medium Enterprises (MSMEs), gaining access to various government schemes and incentives.