One Person Company
A Private Limited Company owned by 1 Person
About One Person Company
One Person Company is being praised on a large scale; as it presents a new vary of possibilities to the ones searching ahead to starting their very own ventures with the shape of an organized business. One Person Company (OPC) has proved to be of terrific benefit to the
younger businessmen as it affords them all the advantages which includes that of get right of entry to financial institution loans, get entry to market, criminal safety of business, get right of entry to credit and all this, in turn, comes in the title of a separate entity. Considering all the above-mentioned points, it can be stated that, when idea in a broader perspective, one individual organization proves to be of exquisite benefit to a range of budding new businessmen in the company world.
Taking into consideration the notion of India, it can be stated that One Person Company is a comparatively new idea in the Indian scenario, whilst on the different hand, it has been proved as a profitable enterprise approach in the UK and in addition to this even a wide variety of European international locations have succeeded in phrases of formation and working of the One Company Person for pretty a lengthy length of time.
Eligibility

Benefits


Tender at No Cost
Government issues Tender sets at free of cost.

Reservation for MSEs
Central Government and PSUs are reversed their 25% of total
requirements for enlisted MSEs.

No Earnest Money Deposit
MSEs with NSIC registration allow to bid with any Earnest Money Deposit.

Special Product List for MSEs
Government of India reverse 358 items to purchase from only MSEs.

Procurement from MSEs
While allotment of tender, government allows L1 +15% to supply upto 25% of total requirement.

Other Multiple Schemes
Ministry of MSME introduces various schemes for NSIC holders time to time.
Validity of One Person Company
The Registration Certificate issued under Single Point Registration Scheme is valid for 2 (Two) years from the date of issue of certificate.
Above Registration is to be renewed after every 2 years.
Documents

Pan Card

Detail of Plant & Machinery

Udyam Registration

Audited Balance Sheet for last 3 years

Latest Electricity Bill

Bankers Report

List of Directors/Partners

List of Plant & Machinery

List of quality control equipment and testing facility available in factory.

Copy of Ownership documents of the Premises or Copy of Rent Agreement
Frequently Asked Questions (FAQs)
Yes, in the Public Procurement Order 2012 service industries are at par with the manufacturing industry.
Investment in Plant & Machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees.Â
The Buying Agency can verify the GP Enlistment Certificate either from NSIC website www.nsic.co.in OR www.nsicspronline.comÂ
SPRS Enlistment Certificate is valid for Two Years from the date of issue.Â
NSIC do not register the traders.Â
MSEs engaged in manufacturing of Ayurveda, Siddha, Unani & Homeopathy (ASU&H) Drugs will be considered for enlistment under Single Point Registration Scheme.Â
Yes. NSIC issues Provisional Enlistment Certificate to those MSEs under SPRS who have started the production but not having the audited Balance sheet for the last one year.
In the year 2006Â
11 Rs. 25 lac Â
Investment in Plant & Machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees.Â
Packages
Why Choose Us

Dedicated Executive
Provide you a dedicated
accountant for all your work

Reliable & Transparent
Provide you all report on
time with accuracy.

On time Services, Hassle Free
Provide you all report on
time with accuracy.

Experts Team
We have a team of large
number of experts like CAs,
MBAs & Advocates.

Lowest Price Guarantee
Provide you our best
services at affordable prices

Secure Payment
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