Starting Your Business Through An Easy One Person Company Registration Process
If you don’t want to start a private limited company just yet and want to go for something simpler, then a one person company is just what you need. With fewer compliance issues, lower taxes as well as limited liability, you get all the tools you need to create a business and start earning profits the easy way.
In a one person company, you are the director as well as the only shareholder. While that doesn’t exactly help you raise more funds, it does make it easier to run a small business and not have to worry about partners doing wrongs and you ending up paying for them. And if the unfortunate happens and your business does end up in the situation where it can’t pay a debt, you can rest assured that you won’t have to sell your home, car, jewelry or other possessions to pay the debt, and that is thanks to the limited liability this legal structure involves.
Another great thing the whole registration process can get even easier if you turn to our services here at Uptra Consultancy. Our consulting services can get your business up and running in no time by dealing with the whole registration process, so that you don’t have to.
Benefit From A Hassle-Free Start Thanks To Our One Person Company Registration Services
If you don’t want to deal with monthly or quarterly file audit statements, huge taxes and loads of trouble when creating a business from scratch, then a one person company is just what you are looking for. Learn about the benefits of registering as a one person company with help from Uptra and how it is better than other options.
A one person company is just like a sole proprietorship company, only that you don’t need to sell your personal belongings to cover a debt for your business. You only lose the money you have initially invested. More than that, with a one person company, the business also doesn’t cease to exist if the director dies.
You get fewer compliances to worry about, and you don’t have to file returns every month just like with other legal structures. A one person company registration can provide you with a simple way to start doing business without the taxes and liabilities other legal structures involve.
So get the experienced professionals here at Uptra to provide you with the support you need to get started, and you will be in business faster than you could otherwise.
Reasons Why One Person Company Registration Is A Wise Choice For Starting A Business
If you want to create a business where you retain full control over what happens in all its aspects, then a one person company is the solution you are looking for. Here are a few reasons why this structure is the best one to start your small business as well as how to make the registration process easier and faster.
In a one person company, you are the one commanding every action. There are no partners to argue with and no misdeeds to cover for. You also are spared from paying company debts with your personal possessions. Unlike with sole proprietorship, your business continues to exist even if something happens to you, even though the nominee director will have no power while you are in charge.
You don’t have to worry about all the return filing and income statements, and neither do you need to fill nearly as many forms as with other Indian legal structures.
Apply for one person company registration with our help and sit back and relax while your documentation is processed. We, here at Uptra, can provide you with the perfect start for your business, while also making the process affordable.
Here’s What You Need To Know About One Person Company Registration
One of the easiest and fastest ways to register your business is a one person company. You get limited liability, continuous existence as well as fewer legal compliance issues to worry about than in other business legal structures.
With the one person companies, starting your business is a piece of cake. Everything is kept simple and clear. You are the sole director and shareholder, even though you might have a director nominee in case you are unable to perform at a certain point in the future.
Contrary to sole proprietorship, one person companies continue to exist even after the death of the director. More than that, there are also limited liabilities involved, meaning that in case your business doesn’t succeed, you won’t have to pay the debts from your own pocket, as only the investment would be lost.
For a fast and convenient one person company registration, you should turn to our help. Our dedicated and experienced accountants can help you get all the documents you need completed with accurate information, as well as help you file all the paperwork to guarantee fast processing, so that you can start your business right away.