Pio holder eligible to register one person company

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Dear Members ///

Can a PIO holder register a one person company in India

Replies (4)

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Hi Pramod,

According to Rule 3(1) of the companies(incorporation) Rules 2014 provides that only a natural person who is an indian citizen and resident in india eligible to incorporate OPC.

As per your Question A PIO card holder cannot form the OPC.

A person should be the resident and citizen of india.

Regards

Rajesh Kuamr

Originally posted by : Rajesh Kumar
Hi Pramod,

According to Rule 3(1) of the companies(incorporation) Rules 2014 provides that only a natural person who is an indian citizen and resident in india eligible to incorporate OPC.

As per your Question A PIO card holder cannot form the OPC.

A person should be the resident and citizen of india.

Regards

Rajesh Kuamr

Thanks Rajesh for the information. But I have a query.

if the PIO holder stays in India for more than 182 days will he be treated  as resident.

 

Hi Pramod,

If you stay in India for at least 182 days during a PY, you are a resident.
 

Regrads

Rajesh Kumar


CCI Pro

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