Title: ServicesPlus: Simplify Your One Person Company
1www.servicesplus.in
ONE PERSON COMPANY
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2 INTRODUCTION
2024-2025
A One Person Company (OPC) is a type of business
structure in India that allows a single
entrepreneur to operate a company with the
benefits of limited liability and a separate
legal identity. This structure is ideal for solo
entrepreneurs who want to start a business
without taking on partners. With an OPC, you can
enjoy the advantages of a private limited
company, such as easier access to funding,
credibility, and legal protection, while
maintaining full control over your business. At
ServicesPlus, we specialize in helping you set up
your One Person Company with ease. From obtaining
the Director Identification Number (DIN) and
drafting the Memorandum of Association (MoA) and
Articles of Association (AoA) to securing the
incorporation certificate, our expert team
handles everything. With ServicesPlus, you can
focus on growing your business while we take care
of all the legal and administrative aspects.
3WHAT IS ONE - PERSON COMPANY
2024-2025
A one-person company is a business operated by a
single individual who handles all aspects of the
companys operations. This person, often known as
a sole proprietor or independent entrepreneur, is
responsible for every role, from providing
services or products to managing finances,
marketing, and customer relations. One-person
companies are typically small and highly
flexible, allowing for quick decision-making and
personalized client interactions. They often
specialize in niche markets or offer customized
solutions that larger companies might not.
Despite their size, these businesses can be
highly efficient and offer a unique level of
personal attention to clients. The owner has
complete control over the companys direction and
strategy, making it a highly adaptable and
focused business model.
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4BENEFITS
- Single Ownership OPC allows quick
decision-making and efficient business management
without interference or suggestions from other
owners, fostering a sense of ownership and
motivation for growth. - Credit Rating OPC's credit score doesn't affect
loan applications, making it more accessible for
businesses with varying credit profiles. - Income Tax Benefits OPCs enjoy income tax
deductions, with a standard tax rate of 30,
surcharges based on income, and taxation as a
domestic company. The directors salary is an
allowed expense. - Interest Remuneration Interest and
remuneration are considered taxable income, with
a moderate tax burden. Repaid loans to directors
are taxable.
5- Enterprises Development Act Newly incorporated
OPCs qualify as Micro, Small, or Medium
Enterprises, entitling them to receive interest
rates three times the bank rate for late
payments. - Easy Funding OPCs, if private limited, can raise
funds from venture capital, angel investors, and
financial institutions, transitioning into
private companies. - Limited Liability OPCs offer limited liability,
safeguarding personal assets and encouraging
risk-taking among entrepreneurs. Ideal for
innovative startups.
6www.servicesplus.in
ABOUT US
At Services Plus, we are dedicated to delivering
exceptional business solutions. As a trusted
leader in business process management, digital
transformation, and technology services, we have
a 13-year track record of helping organizations
across various industries enhance their
operations and adapt to changing market
conditions. Our comprehensive services include
company registration, GST compliance, food
licenses, trademark and copyright registration,
and more. We are committed to supporting your
business's growth and agility, ensuring you stay
competitive and prepared for future challenges.
Trust us to provide the expertise and support you
need for your business success.
2024-2025
7CONTACT US
2024-2025
91 9899184918
sales_at_servicesplus.in
www.servicesplus.in
C 203, 3rd Floor, Sector 63, Noida
8THANK
YOU