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One Person Company Registration

1,600.00 499.00

The One Person Company concept would hold a bright future for small traders, entrepreneurs, artisans, other service providers with low risk-taking capacity. The OPC would act as a launchpad for such entrepreneurs to showcase their capabilities in the global arena.

Documents required

  • Scanned copy of PAN Card
  • Copy of passport/voter ID/Driving License etc.
  • Latest telephone bill/ bank statement/Electricity Bill etc.
  • Passport size photograph etc.
  • Consent in written form from Nominee

For the registered office

  • Copy of notarized Rent agreement
  • NOC obtained from the owner of the property where applicable.
  • Any Utility bill of the Registered Office Address
  • Others if required.

Description

The introduction of OPC in the legal system is a move that would encourage the corporatization of micro-businesses and entrepreneurship with a simpler legal regime so that the small entrepreneur is not forced to devote considerable time, energy, and resources on complex legal compliances.

Advantages

Not just one or two but there are numerous reasons why you should go for One Person Company registration. Let’s find out what they are:
  • Personal freedom that allows the Professional, skilled person to adopt the business of his choice.
  • Personality driven passion and implementation of a business plan.
  • The desire of the entrepreneurial person to take an extra risk and willingness to take additional responsibility.
  • Personal commitment to the business which is the sole idea of the person and close to his heart.
  • It is run by individuals yet OPCs are a separate legal entity similar to that of any registered corporate.
  • A-One Person Company is incorporated as a private limited company.
  • Unlike a private limited or public limited company (listed or unlisted), OPCs need not bother too much about compliances.

Types of One Person Company

  1. A company limited by shares or;
  2. A company limited by guarantee or;
  3. An unlimited company.

Minimum Requirements for registering an OPC in India

  • Minimum One Director
  • One Nominee is compulsory
  • One Member
  • One shareholder

Basic Process of incorporation of One Person Company in India

  • Obtain Digital Signature Certificate [DSC] for the proposedDirector(s)
  • Obtain Director Identification Number [DIN] for the proposed director(s).
  • Select suitable Company Name, and make an application to the Ministry of Corporate Affairs for the availability of name.
  • Draft Memorandum of Association and Articles of association [MOA & AOA].
  • Sign and file various documents including MOA & AOA with the Registrar of Companies electronically.
  • Payment of Requisite fee to the Ministry of Corporate Affairs and also Stamp Duty.
  • Scrutiny of documents at Registrar of Companies [ROC].
  • Receipt of Certificate of Registration/Incorporation from ROC.

Registration Process

  1. Obtain a digital signature of the proposed director.
  2. Application for Name approval of the Company via RUN.
  3. Fill INC-3 form online.
  4. File online incorporation forms along with attachments.
  5. Issuance of Certification of Incorporation by the Department.

How can we help in getting registration?

Our services include the following…

  • Assured Name approval from the Ministry of Corporate Affairs (MCA)
  • DSC’s and DIN for subscribers and directors
  • Filling of company incorporation e-forms with the MCA
  • Drafting objective, Memorandum of Association (MOA) and Article of Association (AOA)
  • PAN and TAN
  • Business plan guidance
  • The legal agreement, corporate drafts set, letters on requirement basis.

 

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