Benefits of One Person Company Registration in Bangalore
Limited Liability for owners
The liability of the owners is limited meaning they are not personally liable and their liability shall be limited to their Capital Contribution.
Take independent decisions and handle your business according to your terms as a sole member and sole director.
Relaxed Compliance Framework
OPC has fewer Compliances compared to a private limited Company. Annual secretarial compliances are relaxed for one person companies.
Continuity of Existence
The death or cessation of the member shall not affect the continuity of the Company since the Company is a separate legal entity.