Welcome to Filingpoint Best consultant for Retail Company Registration Expert +91 72999 72500 Filingpoint Retail Company Registration in Tiruppur is one of the best options for aspiring entrepreneurs looking to start a business in India. A retail business offers an array of profitable opportunities, including the potential to sell a wide variety of goods and services to a broad customer base. It's important to understand the legal requirements and business structure needed for a retail venture before getting started. The process of registering a business in Tirupur is typically completed within 14 working days, subject to the quick submission of all necessary paperwork and approval from regulatory officials. Once complete, the Registrar of Companies will issue the Certificate of Incorporation , showing the official creation of your business and giving it a unique company identity number. Incorporating a business in Tirupur can be an overwhelming process ...
What Are the Compliance Required for OPC Private Limited Company
A One Person Company is a business entity that enjoys limited liability (means, your personal assets are safe). Like any other business, you need to comply with various laws. These compliances are necessary to keep your company active and avoid any penalties. It also helps you to get better loans from banks and financial institutions.
There are various annual filings required for One Person Company like DIN KYC of directors, annual statement, income tax returns etc. Non-filing of these filings can lead to heavy penalties. You can file these filings online at the ROC's official website.
It is mandatory for an OPC to appoint a statutory auditor and get its accounts audited. This is to ensure that your company is following the right accounting practices and is in good standing with the ROC.
You should display the name of your company and its registered office address on a prominent place at every location where you operate business. It is also important to print the same on your letterhead and all other official documents, including invoices, notices, etc.
An OPC must submit its annual return to the Registrar of Companies. The return must disclose the compliance certificate, address of the registered office, register of members, details of shares and debentures holders, information about management of the Company, debts of the Company, etc. In case your OPC does not appoint a Company Secretary, the return should be signed by the director. An OPC must conduct at least two board meetings in a year.
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