One Person Company
OPC Nominee should be reside in india atleast for 182 days of F.Y .....why 182 days criteria..? What exact reason behind this.?
To qualify as aÂ resident Indian, an individual should have spent 182 days or more of a financial year inÂ India, or stayed inÂ IndiaÂ for 60 days or more in the year and for a period of 365 days or more in the 4 years preceding the relevant financial year.
For the purpose of satisfying the criteria that he should be an Indian Resident