Frequently Asked Questions
What are the requirements of one Person Company?
Minimum one Director and one member both could be the same person provide a benefit of sole proprietorship as well as duly incorporated limited company they can operate in any field except NBFC (nonbanking finance company) before introduction in India these companies are largely popular in USA UK China, Singapore, Australia
Can we Invest FDI in our one person company (OPC)?
No, FDI in One Person Company is not allowed
Can we convert OPC into a private limited or public limited company?
Yes, you can, Also there are some mandatory rules to convert OPC to the private limited company. for voluntary conversion you need to fill certain form i.e. INC 6, MGT 14 and submit it to concerned ROC, AKT will assist you in this.
If OPC is flouting rules of OPC, mandatorily it has to change itself to Private limited /public limited company.
What are the mandatory requirement to change OPC to Private/public limited company?
If companies paid up capital exceeds 50 lacks or average annual turnover of three immediately preceding financial years cross 2 Cr. confirming to any of above they need to inform roc by form INC -5 by 60 days of crossing the limit.
Why AKT Associates?
Expertise - That Counts
We are handling more than 1500+ successful clients and providing them with services which covers Legal, Technical, Taxation and other business compliance part. That all says a lot on our ways of working and our expertise in the area.
Experience - That Matters
At AKT associates we have been our client’s obvious choice since more than 20 years. For serving you with the best results we use our experience of decades which has exposed us with deep understand.
Efficiency - That reflects in everything
With a strong team which comprises of experts with qualification like CA, CS, MBA & LLB and they will all available with the wholesome result, with dedicated customer service team and support staff. We are always there to execute your work efficiently.
Cost - That saves a Lot
We touch the top position not just because we are the best in what we do but also because we know the value of your time and money. We know the value of your time so all the work by AKT Associates is performed on time and at around 70% less cost in comparison to all the other leading firms of the market that too without compromising on the quality aspect.
Conveniences - That says a Lot
The services of the firm are performed and delivered by using the cutting edge technology which makes the AKT Associates always available & deliver services right in your email. So it doesn’t matter where you are because we are always at your finger tips.
