Sole Proprietorship to One Person Company

Some of the hassles which are faced by sole proprietorship are eradicated by switching to One Person Company (OPC). As it gives power for perpetual succession and reduces liability. OPC gives legal status, limited liability, corporate identity; decisions can be quickly made due to the agile management system and also due to reduced tax liability.

Sole proprietorship vs One person company

With HA TAX one can easy carry out the conversion process while following simple steps:

Director Identification Number (DIN): HA will help one to get the DIN number quickly and easily

Digital Signature Certificate (DSC): For conversion, one needs to have DSC. In collaborating with HA one can easily process all these formalities very easily. 

Company Name: For conversion from a sole proprietorship to One Person a unique name is required. Sometimes deciding with the name and approval becomes a tough aspect. But when clients associates with team HA things turn out to be simpler. Memorandum of Association (MOA) and Article of Association (AOA): Any company has two of the first supreme document which uniquely defines companies goal and vision. The two of the documents are MOA and AOA. Where MOA defines goals, the extent of the business process, and powers that the company plans to hold. This document is so important that it is considered to be the company’s constitution.

 AOA defines the internal working style, rights, duties, and management with which the company operates. By-laws and rules & regulations which a company runs are mentioned. The characteristic of AOA is inclined with MOA and Companies Act. 

    Association with HA Tax will help one to polish drafted MOA and AOA as our virtual experts have age-old experience of drafting.

    E-Form filing formalities: At HA we believe to provide our customers with end-to-end service. Apart from drafting MOA and AOA, we also help in filling up electronic forms which help companies to process the format quickly. 

    Certificate of Incorporation: It is a legal document that carries all the importance of a corporation or company. At HA we help our clients get a receipt of Certificate of Incorporation from the Registrar of Companies soon as well as without any hassle. 

    Ready to Convert Sole Proprietorship to One-Person-Company?

    With HA your process of conversion is much simpler, we are around to help you

    OPC benefits

    Let’s Talk

    OPC benefits

    Ready to Convert Sole Proprietorship to One-Person-Company?

     

    With HA your process of conversion is much simpler, we are around to help you

    Lets talk

    OPC benefits

    Ready to Convert Sole Proprietorship to One-Person-Company?

     

    With HA your process of conversion is much simpler, we are around to help you

    Lets talk