One Person Company Registrations

We are extremely glad to inform you that you can now form a One Person Company (OPC) in India, that too with the minimum hassle and cost.Among all the other provisions of the new Companies Act, entrepreneurs seemed sitting on the edge of their seats for this one.

Price starts from ₹ 13999/-

Timeline – 25 Working days

Contact Us

+91 88257 38703





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What is a one person company?

One person company (OPC) is a new form of business introduced by Companies Act, 2013. It is hybrid form of business where a sole proprietorship concern can get a corporate outlook.

An OPC is a hybrid structure, wherein it combines most of the benefits of a sole proprietorship and a company form of business. It has only one person as a member who will act in the capacity of a director as well as a shareholder. Thus, it does away with the hassles of finding the right kind of co-partner/s for starting a business as registered entity. The best part is, legal and financial liability is limited to the Company and not the member.

What are the Features of One Person Company?

Advantages

Single shareholder

A single shareholder who can also be the sole director can start an OPC.

Limited liability

The sole shareholder gets to enjoy the limited liability feature of a company.

Separate Legal Identity

OPC gets the status of a separate legal entity.

No minimum capital required

No minimum capital is required to start an OPC.

Fewer rules and compliances

OPC has to comply with fewer rules and regulations when compared to other forms of companies.

Disadvantages

Suitable only for small businesses

OPC is suitable only for small businesses, OPC can have maximum Paid up share capital of Rs.50 Lakhs or Turnover of Rs.2 Crores. Otherwise OPC need to be converted into Private Ltd Company.

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Cannot convert into Sec8 Company

One Person Company cannot be incorporated or converted into a company under Section 8 of the Act.

Cannot run NBFC business

One Person Company cannot carry out Non – Banking Financial Investment activities including investment in securities of anybody corporate.

What are the Documents required for Public limited company registration?

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PAN card and Residence Proof of directors of the company

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Passport-size photograph

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Aadhar card [director only]

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Copy of Rental Agreement / EB Card Copy of Registered Office

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Copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill

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Specimen signature (blank document with signature [director only])

What Includes in this package?

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Verification of Documents

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Drafting MOA & AOA

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DSC and DIN for 1 Directors

Following until Certificate is allotted

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Name Approval for the Company and ROC fees

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Applying PAN & TAN

What is the Process for Incorporation of One Person Company?

DIN & DSC

Digital signature for the director of the company to be obtained

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Application to ROC

Sign and file various documents including MOA & AOA with the Registrar of Companies electronically

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MOA & AOA

Memorandum and Articles of Association should be drafted.

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Company Registered

Once the application is duly filed and accepted by ROC, Certificate of incorporation is issued and the company is all set to start it’s operations.

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Name Approval

4-6 proposed names should be provided that should be unique and suggestive of company business.

FAQs?

88257 38703