OPC Registration in Tripura
Speak to a financial expert today to learn how virtual CFO services can help your business succeed.
Tripura's unique cultural heritage and potential for agro-based industries offer distinctive business prospects. The state's efforts to promote tourism and sustainable development create niche opportunities. OPC registration processes in Tripura offers entrepreneurs to efficiently enter the market, establish their ventures, and help their businesses’ growth.
According to Section 2(62) of the Companies Act 2013, a company can now be made with just one director and one member. The director and member can be the same person in case of OPC registration in Tripura.
Following are the benefits of OPC registration in Tripura:
The One Person Company (OPC) has its own legal identity separate from its member. This protects the individual who started the company. The member's liability is limited to their shares and they are not responsible in personal capacity for the company's losses. This means that creditors can only take legal action against the OPC and not the member or director.
Incorporating an OPC is easy as it only requires one member and one nominee. The member can also act as the director. While there is a minimum authorised capital requirement of Rs. 1 lakh, there is no minimum paid-up capital requirement. This makes the incorporation process simpler compared to other types of companies.
OPCs can avail the benefits offered to small-scale industries in Tripura. These benefits include easy funding without collateral security up to certain limits, lower interest rate loans and privileges under the foreign trade policy. These advantages contribute to the progress and development of the OPC in its early stages.
The following are the essentials for OPC registration in Tripura:
Following documents are essential for OPC registration in Tripura:
Following are the steps to register a OPC in Tripura:
Step 1: Get a Digital Signature Certificate (DSC).
Step 2: Apply for Director Identification Number (DIN).
Step 3: Decide on a name and request Ministry of Corporate Affairs (MCA) permission.
Step 4: Write and sign the articles of association (AOA) and memorandum of association (MOA).
Step 5: Compile all required documentation and submit it, in addition to the registration cost and stamp duty.
Step 6: Fill out and submit the application forms to the MCA for review and approval.
Step 7: Receive the certificate of establishment or incorporation.
One Person Company registration in Tripura has gained much popularity since it was introduced in 2008. During OPC registration in Tripura, certain requirements and compliances must be adhered to in order to make the incorporation and subsequent functioning effective.
StartupFino is a company that specialises in offering complete services for OPC registration in Tripura. We can help you with everything from providing advice in the initial phase to ensuring that you meet all the necessary requirements, while also keeping your OPC in good legal standing.
StartupFino manages legal, financial & Compliance services through its team of professionals with the help our own technology.
Scan this QR Code...
November 28, 2023
The registration of an Indian subsidiary company in India is a strategic move that opens doors to the vast and dynamic Indian market. …
November 28, 2023
The differentiation between Nidhi Companies and Non-Banking Financial Companies (NBFCs) within the Indian financial landscape extends beyond mere naming conventions.
November 28, 2023
Embarking on a fresh entrepreneurial journey is both invigorating and demanding. Although entrepreneurs are frequently brimming with enthusiasm ...
We also help you market your products through an online marketplace.
Fill up contact form
Expert will call you
Make online payment
Get Services
Based on 500+ customer reviews.
Startupfino has been awarded as the Best Virtual CFO of 2023 held at Global Startup and Entrepreneurship Conclave 2023. It was decisive to get recognition as a startup in this competitive industry.
Startupfino is honoured to recognise as a Best Tax and Legal Compliance Management Agency in the India Stratup Summit and Startup Achievers Awards 2022.
Startupfino is honoured as a Best Financial Advisor Agency at the World Startup Convention 2023. This acknowledgment shows commitment towards delivering innovative solutions.
Startupfino is working with Startups since last 10 years with an unparalleled experience of helping fast growing startups. Our Success can be witnessed through the numbers given below.
StartupFino
Recently Purchased