Limited Liability
The directors' personal property is always safe in a private limited company, no matter the debts of the business.
Continuous ExistenceSole Proprietorships come to an end with the death of the proprietor. As an OPC company has a separate legal identity, it would pass on to the nominee director and, therefore, continue to exist.
Greater Credibility
As an OPC needs to have its books audited annually, it has greater credibility among vendors and lending institutions.
PAN card or passport
Passport, for NRIs and foreign nationals
Scanned transcript of driver's license or voter’s ID
Updated gas or electricity invoice/bank account statement/mobile or landline phone invoice
Specimen signature or impression
Passport-size photo.
Company formation and registration has been made easier with Digitronic. You can easily consult a company secretary through us for all of your compliance needs, including foreign income, FDI, PF, and pensions.